PPP Loan information for Advanced deposition & coating technologies, inc

$503,445

Advanced deposition & coating technologies, inc was initially approved for PPP Loan of amount $503,445, the current approved amount is $503,445. The loan was approved on 06/26/2020 by The American Express National Bank reported 39 jobs and $503,445 was used to fund payroll.

Advanced deposition & coating technologies, inc is Existing or more than 2 years old

ADVANCED DEPOSITION & COATING TECHNOLOGIES, INC

Date Approved

06/26/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ADVANCED DEPOSITION & COATING TECHNOLOGIES, INC

Borrower Address

10723 Edison Ct

Borrower City

Rancho Cucamonga

Borrower State

CA

Borrower Zip

91730

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503445.00

Current Approval Amount

503445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rancho Cucamonga

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-0100

CD

CA-35

Jobs Reported

39

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

75516.75

Payroll Proceed

427928.25

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

506065.67

Forgiveness Date

01/06/2021

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