Advance Machine & Engineering

$1,535,300 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
3350427104
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,535,300
Current Approval
$1,535,300
Forgiveness Amount
$1,549,770
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advance Machine & Engineering
Address
2500 Latham St
ZIP Code
61103-3963
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
130
Estimated Revenue
$34.0M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,535,300

Lender Information

Servicing Lender
Htlf Bank
Originating Lender
Illinois Bank and Trust, a Division of Htlf Bank

Other PPP Loans in Rockford, IL

BusinessApproved
Bergstrom INC$8,100,000NewBizBotAI Deep Dive
Rockford Orthopedic Associates Ltd$7,217,200NewBizBotAI Deep Dive
Crusaders Central Clinic Association$4,593,300NewBizBotAI Deep Dive
Rockford Toolcraft, Inc.$4,445,000NewBizBotAI Deep Dive
Area Erectors, Inc.$3,948,800NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free