NewBizBot
Try for Free

Ad-Vance Magnetics INC

$207,300 PPP Loan in Rochester, Indiana

Loan Details

Loan Number
9112467107
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$207,300
Current Approval
$207,300
Forgiveness Amount
$208,423
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ad-Vance Magnetics INC
Address
625 Monroe Street
City
Rochester
State
Indiana
ZIP Code
46975
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (337215)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$207,300

Lender Information

Servicing Lender
1st Source Bank
Originating Lender
1st Source Bank

Other PPP Loans in Rochester, IN

BusinessApproved
Woodlawn Hospital$4,583,400NewBizBotResearch
Topp Industries Incorporated$1,021,500NewBizBotResearch
Rochester Telephone Company INC$909,100NewBizBotResearch
Tp Holding Company LLC$706,932NewBizBotResearch
Tp Holding Company LLC$704,300NewBizBotResearch

Want to research this company further?

Try NewBizBot free