PPP Loan information for Advance companies, inc.

$133,200

Advance companies, inc. was initially approved for PPP Loan of amount $133,200, the current approved amount is $133,200. The loan was approved on 04/10/2020 by The Northeast Bank reported 12 jobs and $133,200 was used to fund payroll.

Advance companies, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Fridley / Advance companies, inc.

ADVANCE COMPANIES, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ADVANCE COMPANIES, INC.

Borrower Address

350 73RD AVE NE Suite 15

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-3220

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133200.00

Current Approval Amount

133200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55432-3220

CD

MN-05

Jobs Reported

12

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

133200.00

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

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134342.24

Forgiveness Date

02/25/2021

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