PPP Loan information for Advanced equipment co inc

$340,902

Advanced equipment co inc was initially approved for PPP Loan of amount $340,902, the current approved amount is $340,902. The loan was approved on 04/12/2020 by The WesBanco Bank, Inc. reported 23 jobs and $340,902 was used to fund payroll.

Advanced equipment co inc is Existing or more than 2 years old

PPP Loan Search / MD / CAPITOL HEIGHTS / Advanced equipment co inc

ADVANCED EQUIPMENT CO INC

Date Approved

04/12/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ADVANCED EQUIPMENT CO INC

Borrower Address

236 WestHAMPTON AVE

Borrower City

CAPITOL HEIGHTS

Borrower State

MD

Borrower Zip

20743-3518

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

340902.05

Current Approval Amount

340902.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAPITOL HEIGHTS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20743-3518

CD

MD-04

Jobs Reported

23

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

340902.05

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345263.73

Forgiveness Date

08/03/2021

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