ADVANCED COMMUNICATIONS INC (IN) - 2020 PPP Loan Borrower Profile (# 1027648500)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED COMMUNICATIONS 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

1027648500

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$230,037

Date Loan was Approved

Feb 18, 2021

Amount Forgiven

$232,081.77

Date Loan was Forgiven

Jan 6, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

230,034

Lender

PNC Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238210

Borrower Location

Michigan City, IN

Project Location

Michigan City, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.