ADVANCED MATERIALS TECHNOLOGY, INC. (DE) - 2020 PPP Loan Borrower Profile (# 6818087000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MATERIALS TECHNOLOGY, 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

6818087000

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$558,652

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$562,876.33

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

558,652

Lender

Wilmington Savings Fund Society, FSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

423490

Borrower Location

WILMINGTON, DE

Project Location

WILMINGTON, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.