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
Other PPP Loans in Pelham, AL
| Business | Approved | |
|---|---|---|
| Gabriella White, LLC | $3,590,620 | |
| Pace Runners, INC | $2,989,000 | |
| Smith Family Companies, Inc. | $1,611,000 | |
| Spradling International, Inc. - South | $1,483,077 | |
| Edgar's Old Style Bakery INC | $1,383,805 |
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