ADVANCED ENGINEERING, INC (IN) - 2020 PPP Loan Borrower Profile (# 6552717110)

Updated on April 18, 2025.

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

6552717110

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$281,200

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$284,410.37

Date Loan was Forgiven

Jun 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

281,200

Lender

The Bippus State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

339113

Borrower Location

HUNTINGTON, IN

Project Location

HUNTINGTON, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.