PPP Loan information for Advoco inc

$1,189,580

Advoco inc was initially approved for PPP Loan of amount $1,189,580, the current approved amount is $1,189,580. The loan was approved on 04/15/2020 by The First Bank reported 59 jobs and $1,189,580 was used to fund payroll.

Advoco inc is New Business or 2 years or less

ADVOCO INC

Date Approved

04/15/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

ADVOCO INC

Borrower Address

1331 Seventh St. Unit H

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94710-1454

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1189580.00

Current Approval Amount

1189580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94710-1454

CD

CA-12

Jobs Reported

59

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17070.40

Payroll Proceed

1021001.23

Mortgage Interest Proceed

0.00

Rent Proceed

61169.94

Refinance EIDL Proceed

0.00

Health Care Proceed

72795.75

Debt Interest Proceed

17542.68

Business Type

Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1185914.18

Forgiveness Date

11/03/2020

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