ADVENT PRECISION INC (IN) - 2020 PPP Loan Borrower Profile (# 1551818205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVENT PRECISION 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

1551818205

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$70,200

Date Loan was Approved

Jul 30, 2020

Amount Forgiven

$70,504.2

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

70,200

Lender

Lake City Bank

Business Detail

Business Type

Corporation

NAICS

332710

Borrower Location

INDIANAPOLIS, IN

Project Location

INDIANAPOLIS, 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.