PPP Loan information for Advantage it inc

$722,100

Advantage it inc was initially approved for PPP Loan of amount $722,100, the current approved amount is $722,100. The loan was approved on 04/28/2020 by The Wallis Bank reported 49 jobs and $722,100 was used to fund payroll.

Advantage it inc is Existing or more than 2 years old

ADVANTAGE IT INC

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ADVANTAGE IT INC

Borrower Address

4950 NE Belknap Ct Suite 201

Borrower City

Hillsboro

Borrower State

OR

Borrower Zip

97124-5115

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

722100.00

Current Approval Amount

722100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsboro

Project County Name

WASHINGTON

Project State

OR

Project Zip

97124-5115

CD

OR-01

Jobs Reported

49

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

36105.00

Payroll Proceed

577680.00

Mortgage Interest Proceed

0.00

Rent Proceed

108315.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

726412.54

Forgiveness Date

12/31/2020

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