PPP Loan information for Advance machine works, corp.

$330,800

Advance machine works, corp. was initially approved for PPP Loan of amount $330,800, the current approved amount is $330,800. The loan was approved on 04/15/2020 by The First Merchants Bank reported 25 jobs and $330,800 was used to fund payroll.

Advance machine works, corp. is Existing or more than 2 years old

PPP Loan Search / IN / FORT WAYNE / Advance machine works, corp.

ADVANCE MACHINE WORKS, CORP.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ADVANCE MACHINE WORKS, CORP.

Borrower Address

2620 INDEPENDENCE DR

Borrower City

FORT WAYNE

Borrower State

IN

Borrower Zip

46808-4403

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330800.00

Current Approval Amount

330800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT WAYNE

Project County Name

ALLEN

Project State

IN

Project Zip

46808-4403

CD

IN-03

Jobs Reported

25

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

330800.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

332712.30

Forgiveness Date

11/19/2020

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