ADVANTECH INCORPORATED (DE) - 2020 PPP Loan Borrower Profile (# 9963707105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTECH INCORPORATED. 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

9963707105

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$1,099,552

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$1,110,487.27

Date Loan was Forgiven

Apr 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,099,552

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

561621

Borrower Location

DOVER, DE

Project Location

DOVER, DE

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.