PPP Loan information for Advantech industries inc

$1,619,285

Advantech industries inc was initially approved for PPP Loan of amount $1,619,285, the current approved amount is $1,619,285. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 124 jobs and $1,619,285 was used to fund payroll.

Advantech industries inc is Existing or more than 2 years old

ADVANTECH INDUSTRIES INC

Date Approved

04/14/2020

SBA Office Code

0219

Processing Method

PPP

Borrower Name

ADVANTECH INDUSTRIES INC

Borrower Address

3850 Buffalo Road

Borrower City

ROCHESTER

Borrower State

NY

Borrower Zip

14624-1104

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1619284.66

Current Approval Amount

1619284.66

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

MONROE

Project State

NY

Project Zip

14624-1104

CD

NY-25

Jobs Reported

124

NAICS Code

331221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

68856.92

Payroll Proceed

1295427.74

Mortgage Interest Proceed

0.00

Rent Proceed

140000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

115000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1634624.68

Forgiveness Date

04/01/2021

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