ADVANCE AERO INC (IN) - 2020 PPP Loan Borrower Profile (# 8777558302)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCE AERO 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 Indiana.
Loan Detail
Loan Number
8777558302
SBA Office Code
0562
Processing Method
PPS
Curent Loan Amount
$313,900
Date Loan was Approved
Jan 30, 2021
Amount Forgiven
$316,271.69
Date Loan was Forgiven
Nov 3, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
313,898
Lender
Citizens Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
332710
Borrower Location
Mooresville, IN
Project Location
Mooresville, IN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
26
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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