Advanced Magnesium Alloys Corporation

$600,900 PPP Loan in Anderson, Indiana

Loan Details

Loan Number
7111597001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$600,900
Current Approval
$600,900
Forgiveness Amount
$604,818
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Magnesium Alloys Corporation
Address
1820 E 32nd Street
State
Indiana
ZIP Code
46013-2144
Business Type
Corporation
Industry (NAICS)
Manufacturing (331492)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$600,900

Lender Information

Servicing Lender
Star Financial Bank
Originating Lender
Star Financial Bank

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