Advanced Cable Technology Inc.

$308,100 PPP Loan in Marilla, New York

Loan Details

Loan Number
1557617209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$308,100
Current Approval
$308,100
Forgiveness Amount
$311,578
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Cable Technology Inc.
Address
184 Two Rod Road
ZIP Code
14102
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334220)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$296,084
Rent
$4,500
Utilities
$440
Health Care
$7,076

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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