ADVANCED CONCEPTS INC (IN) - 2020 PPP Loan Borrower Profile (# 8900857102)

Updated on April 18, 2025.

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

8900857102

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$3,300

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$3,328.39

Date Loan was Forgiven

Mar 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,300

Lender

Readycap Lending, LLC

Business Detail

Business Type

Corporation

NAICS

453998

Borrower Location

Bloomington, IN

Project Location

Bloomington, 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.