PPP Loan information for Advanced mechanical systems inc

$119,000

Advanced mechanical systems inc was initially approved for PPP Loan of amount $119,000, the current approved amount is $119,000. The loan was approved on 03/30/2021 by The Citizens Bank, National Association reported 17 jobs and $119,000 was used to fund payroll.

Advanced mechanical systems inc is Existing or more than 2 years old

PPP Loan Search / MA / Stow / Advanced mechanical systems inc

ADVANCED MECHANICAL SYSTEMS INC

Date Approved

03/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ADVANCED MECHANICAL SYSTEMS INC

Borrower Address

51 Crescent St

Borrower City

Stow

Borrower State

MA

Borrower Zip

01775-1149

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119000.00

Current Approval Amount

119000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stow

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01775-1149

CD

MA-03

Jobs Reported

17

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119449.92

Forgiveness Date

08/18/2021

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