PPP Loan information for Advanced power conversion solutions inc.

$206,150

Advanced power conversion solutions inc. was initially approved for PPP Loan of amount $206,150, the current approved amount is $206,150. The loan was approved on 01/28/2021 by The Community Bank, National Association reported 18 jobs and $206,150 was used to fund payroll.

Advanced power conversion solutions inc. is Existing or more than 2 years old

ADVANCED POWER CONVERSION SOLUTIONS INC.

Date Approved

01/28/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

ADVANCED POWER CONVERSION SOLUTIONS INC.

Borrower Address

110 Birchwood Park Dr

Borrower City

Barre

Borrower State

VT

Borrower Zip

05641-8655

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206150.00

Current Approval Amount

206150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47029

Servicing Lender Name

Community Bank, National Association

Servicing Lender Address

45-49 Court St

Servicing Lender City

CANTON

Servicing Lender State

NY

Servicing Lender Zip

13617-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Barre

Project County Name

WASHINGTON

Project State

VT

Project Zip

05641-8655

CD

VT-

Jobs Reported

18

NAICS Code

334416

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

206145.00

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

47029

Originating Lender

Community Bank, National Association

Originating Lender City

CANTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207946.05

Forgiveness Date

12/20/2021

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