Advanced Machine Shop, Inc.

$327,000 PPP Loan in Newnan, Georgia

Loan Details

Loan Number
6228887200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$327,000
Current Approval
$327,000
Forgiveness Amount
$328,835
Forgiveness Date
Nov 24, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Machine Shop, Inc.
Address
480 Corinth Rd
City
Newnan
State
Georgia
ZIP Code
30263-5166
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (314110)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
GA-03

Loan Use Breakdown

Payroll
$261,600
Rent
$32,700
Utilities
$32,700

Lender Information

Servicing Lender
United Bank
Originating Lender
United Bank

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