Advantage Machinery Services, Inc.

$1,003,732 PPP Loan in Yadkinville, North Carolina

Loan Details

Loan Number
7134697010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,003,732
Current Approval
$1,003,732
Forgiveness Amount
$1,014,299
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advantage Machinery Services, Inc.
Address
1407 US 601 Hwy S
ZIP Code
27055-6358
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$18.5M
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$800,000
Utilities
$14,366
Health Care
$175,000
Mortgage Interest
$4,366
Debt Interest
$10,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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