Avans Machine Inc.

$740,700 PPP Loan in Scottsboro, Alabama

Loan Details

Loan Number
5771487304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$740,700
Current Approval
$740,700
Forgiveness Amount
$744,170
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Avans Machine Inc.
Address
25490 Al Hwy 79,
State
Alabama
ZIP Code
35768
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336412)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$17.8M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$740,700

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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