PPP Loan information for Advanced machinery systems, inc

$223,100

Advanced machinery systems, inc was initially approved for PPP Loan of amount $223,100, the current approved amount is $223,100. The loan was approved on 04/14/2020 by The Bank of Utah reported 13 jobs and $223,100 was used to fund payroll.

Advanced machinery systems, inc is Existing or more than 2 years old

PPP Loan Search / UT / KAYSVILLE / Advanced machinery systems, inc

ADVANCED MACHINERY SYSTEMS, INC

Date Approved

04/14/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ADVANCED MACHINERY SYSTEMS, INC

Borrower Address

657 N KAYS DR

Borrower City

KAYSVILLE

Borrower State

UT

Borrower Zip

84037-6764

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223100.00

Current Approval Amount

223100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KAYSVILLE

Project County Name

DAVIS

Project State

UT

Project Zip

84037-6764

CD

UT-01

Jobs Reported

13

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167325.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

55775.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225196.53

Forgiveness Date

03/31/2021

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