PPP Loan information for Advanced textile composites inc

$391,061

Advanced textile composites inc was initially approved for PPP Loan of amount $391,061, the current approved amount is $391,061. The loan was approved on 05/20/2020 by The Wells Fargo Bank, National Association reported 29 jobs and $391,061 was used to fund payroll.

Advanced textile composites inc is Existing or more than 2 years old

PPP Loan Search / PA / SCRANTON / Advanced textile composites inc

ADVANCED TEXTILE COMPOSITES INC

Date Approved

05/20/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ADVANCED TEXTILE COMPOSITES INC

Borrower Address

700 EAST PARKER STREET

Borrower City

SCRANTON

Borrower State

PA

Borrower Zip

18509-1016

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391061.00

Current Approval Amount

391061.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCRANTON

Project County Name

LACKAWANNA

Project State

PA

Project Zip

18509-1016

CD

PA-08

Jobs Reported

29

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391061.00

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

Subchapter S Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

394564.48

Forgiveness Date

04/14/2021

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