ADVISA INC. (IN) - 2020 PPP Loan Borrower Profile (# 1617927102)

Updated on April 18, 2025.

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

1617927102

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$416,560

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$419,302.35

Date Loan was Forgiven

Dec 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,275

Payroll Proced

380,295

Rent Proceed

13,600

Health Care Proceed

20,390

Lender

Home Bank, SB

Business Detail

Business Type

Subchapter S Corporation

NAICS

541612

Borrower Location

CARMEL, IN

Project Location

CARMEL, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.