Advance Mortgage & Investment Company LLC

$789,257 PPP Loan in Daphne, Alabama

Loan Details

Loan Number
7925197205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$789,257
Current Approval
$789,257
Forgiveness Amount
$799,693
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advance Mortgage & Investment Company LLC
Address
30500 State Highway 181 Suite 460
City
Daphne
State
Alabama
ZIP Code
36527
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Real Estate and Rental and Leasing (531390)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$9.5M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$764,517
Rent
$24,090
Utilities
$650

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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