PPP Loan information for Advanced machine

$50,645

Advanced machine was initially approved for PPP Loan of amount $50,645, the current approved amount is $50,645. The loan was approved on 03/12/2021 by The Regions Bank reported 7 jobs and $50,645 was used to fund payroll.

Advanced machine is Existing or more than 2 years old

ADVANCED MACHINE

Date Approved

03/12/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

ADVANCED MACHINE

Borrower Address

1410 Commerce

Borrower City

Benton

Borrower State

AR

Borrower Zip

72015-5052

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50645.00

Current Approval Amount

50645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Benton

Project County Name

SALINE

Project State

AR

Project Zip

72015-5052

CD

AR-02

Jobs Reported

7

NAICS Code

333514

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50642.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50959.97

Forgiveness Date

10/29/2021

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