Advance Design & Systems, LLC

$696,325 PPP Loan in Pine City, Minnesota

Loan Details

Loan Number
5031157108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$696,325
Current Approval
$696,325
Forgiveness Amount
$702,048
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advance Design & Systems, LLC
Address
325 Airport Road NE
ZIP Code
55063-1481
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541420)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$10.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$696,325

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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