ADVANCED DESIGNS CORPORATION (IN) - 2020 PPP Loan Borrower Profile (# 7590007104)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCED DESIGNS CORPORATION. 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
7590007104
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$65,500
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$65,994.89
Date Loan was Forgiven
Jan 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
65,500
Lender
Fifth Third Bank
Business Detail
Business Type
Corporation
NAICS
334519
Borrower Location
BLOOMINGTON, IN
Project Location
BLOOMINGTON, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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