PPP Loan information for Advanced design & manufacturing, inc.

$526,000

Advanced design & manufacturing, inc. was initially approved for PPP Loan of amount $526,000, the current approved amount is $526,000. The loan was approved on 04/09/2020 by The Gorham Savings Bank reported 35 jobs and $526,000 was used to fund payroll.

Advanced design & manufacturing, inc. is Existing or more than 2 years old

ADVANCED DESIGN & MANUFACTURING, INC.

Date Approved

04/09/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

ADVANCED DESIGN & MANUFACTURING, INC.

Borrower Address

350 Heritage Ave.

Borrower City

PORTSMOUTH

Borrower State

NH

Borrower Zip

03801-5690

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

526000.00

Current Approval Amount

526000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29691

Servicing Lender Name

Gorham Savings Bank

Servicing Lender Address

64 Main St

Servicing Lender City

GORHAM

Servicing Lender State

ME

Servicing Lender Zip

04038-1304

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03801-5690

CD

NH-01

Jobs Reported

35

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

526000.00

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

Corporation

Originating Lender Location Id

29691

Originating Lender

Gorham Savings Bank

Originating Lender City

GORHAM

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

531245.39

Forgiveness Date

04/22/2021

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