PPP Loan information for Advanced lubrication specialties inc

$1,416,965

Advanced lubrication specialties inc was initially approved for PPP Loan of amount $1,416,965, the current approved amount is $1,416,965. The loan was approved on 04/14/2020 by The Webster Bank National Association reported 85 jobs and $1,416,965 was used to fund payroll.

Advanced lubrication specialties inc is Existing or more than 2 years old

PPP Loan Search / PA / BENSALEM / Advanced lubrication specialties inc

ADVANCED LUBRICATION SPECIALTIES INC

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ADVANCED LUBRICATION SPECIALTIES INC

Borrower Address

420 IMPERIAL CT

Borrower City

BENSALEM

Borrower State

PA

Borrower Zip

19020-7327

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1416965.00

Current Approval Amount

1416965.00

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

85

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1416965.00

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

1432143.99

Forgiveness Date

05/21/2021

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