ADVANCED MICRO-ELECTRONICS (IN) - 2020 PPP Loan Borrower Profile (# 8298387001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MICRO-ELECTRONICS. 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

8298387001

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$2,609,256

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$2,638,994.37

Date Loan was Forgiven

Jun 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,609,256

Lender

German American Bank

Business Detail

Business Type

Employee Stock Ownership Plan(ESOP)

NAICS

423390

Borrower Location

VINCENNES, IN

Project Location

VINCENNES, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

201

Business Age Description

Existing or more than 2 years old

Data Source: SBA.