Advanced Rotors, INC

$591,791 PPP Loan in Hanceville, Alabama

Loan Details

Loan Number
9636567103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$591,791
Current Approval
$591,791
Forgiveness Amount
$597,495
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Rotors, INC
Address
273 County Road 520
State
Alabama
ZIP Code
35077-4631
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335314)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$591,791

Lender Information

Servicing Lender
Southpoint Bank
Originating Lender
Merchants Bank of Alabama, a Division of Southpoint Bank

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