PPP Loan information for Avantech, inc

$2,703,532

Avantech, inc was initially approved for PPP Loan of amount $2,703,532, the current approved amount is $2,703,532. The loan was approved on 04/10/2020 by The Synovus Bank reported 158 jobs and $2,703,532 was used to fund payroll.

Avantech, inc is Existing or more than 2 years old

AVANTECH, INC

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

AVANTECH, INC

Borrower Address

2050 AMERICAN ITALIAN WAY

Borrower City

COLUMBIA

Borrower State

SC

Borrower Zip

29209-5084

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2703532.47

Current Approval Amount

2703532.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

RICHLAND

Project State

SC

Project Zip

29209-5084

CD

SC-06

Jobs Reported

158

NAICS Code

541330

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2703532.47

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2737308.11

Forgiveness Date

07/14/2021

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