ADVANCED MACHINERY SALES INC (DE) - 2020 PPP Loan Borrower Profile (# 9384037209)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCED MACHINERY SALES INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
9384037209
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$36,000
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$36,226.85
Date Loan was Forgiven
Dec 22, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
0
Payroll Proced
28,032
Mortgage Interest Proceed
0
Rent Proceed
7,968
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
444130
Borrower Location
New Castle, DE
Project Location
New Castle, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
5
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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