Advance Machine Technologies LLC
$390,900 PPP Loan in Johnston, Iowa
Loan Details
- Loan Number
- 9812997005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $390,900
- Current Approval
- $390,900
- Forgiveness Amount
- $394,798
- Forgiveness Date
- Apr 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Advance Machine Technologies LLC
- Address
- 5750 NW Beaver Drive Unit 1
- City
- Johnston
- State
- Iowa
- ZIP Code
- 50131-4802
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (332322)
- Business Age
- Unanswered
- Jobs Reported
- 30
- Estimated Revenue
- $7.3M
- Rural/Urban
- Urban
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $354,900
- Rent
- $30,000
- Utilities
- $6,000
Lender Information
- Servicing Lender
- Simmons Bank
- Originating Lender
- Simmons Bank
Other PPP Loans in Johnston, IA
| Business | Approved | |
|---|---|---|
| Iowa Bankers Insurance and Services, Inc. | $3,359,954 | |
| Goodwill of Central Iowa | $2,436,100 | |
| United Contractors, INC | $1,937,100 | |
| Goodwill of Central Iowa | $1,830,642 | |
| Creative Community Options | $1,410,532 |
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