PPP Loan information for Advance corporation

$370,100

Advance corporation was initially approved for PPP Loan of amount $241,400, the current approved amount is $370,100. The loan was approved on 04/08/2020 by The PeoplesBank, A Codorus Valley Company reported 28 jobs and $370,100 was used to fund payroll.

Advance corporation is Existing or more than 2 years old

ADVANCE CORPORATION

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ADVANCE CORPORATION

Borrower Address

11500 Crossroads Circle, Suite A

Borrower City

MIDDLE RIVER

Borrower State

MD

Borrower Zip

21220-2861

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241400.00

Current Approval Amount

370100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60249

Servicing Lender Name

PeoplesBank, A Codorus Valley Company

Servicing Lender Address

105 Leader Heights Rd

Servicing Lender City

YORK

Servicing Lender State

PA

Servicing Lender Zip

17403-5137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLE RIVER

Project County Name

BALTIMORE

Project State

MD

Project Zip

21220-2861

CD

MD-01

Jobs Reported

28

NAICS Code

484210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300100.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60249

Originating Lender

PeoplesBank, A Codorus Valley Company

Originating Lender City

YORK

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

372937.43

Forgiveness Date

01/25/2021

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