Advance Machinery INC DBA Advance Cutting Systems

$302,500 PPP Loan in Pelham, Alabama

Loan Details

Loan Number
7308308801
Date Approved
Apr 21, 2021
Loan Status
Paid in Full
Initial Approval
$302,500
Current Approval
$302,500
Forgiveness Amount
$303,550
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Advance Machinery INC DBA Advance Cutting Systems
Address
112 Hilltop Business Center Dr
City
Pelham
State
Alabama
ZIP Code
35124-1310
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$302,497
Utilities
$1

Lender Information

Servicing Lender
Millennial Bank
Originating Lender
Millennial Bank

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