PPP Loan information for Advance lubrication specialtiesinc

$1,426,265

Advance lubrication specialtiesinc was initially approved for PPP Loan of amount $1,426,265, the current approved amount is $1,426,265. The loan was approved on 03/16/2021 by The Webster Bank National Association reported 110 jobs and $1,426,265 was used to fund payroll.

Advance lubrication specialtiesinc is Existing or more than 2 years old

PPP Loan Search / PA / Bensalem / Advance lubrication specialtiesinc

ADVANCE LUBRICATION SPECIALTIESINC

Date Approved

03/16/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ADVANCE LUBRICATION SPECIALTIESINC

Borrower Address

420 Imperial Ct

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020-7327

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1426265.00

Current Approval Amount

1426265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bensalem

Project County Name

BUCKS

Project State

PA

Project Zip

19020-7327

CD

PA-01

Jobs Reported

110

NAICS Code

324191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1426264.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1437440.67

Forgiveness Date

01/03/2022

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