AVANCE IT SOLUTIONS LLC (MD) - 2020 PPP Loan Borrower Profile (# 4400957201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AVANCE IT SOLUTIONS LLC. 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 Maryland.

Loan Detail

Loan Number

4400957201

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$71,985

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$72,638.86

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

71,985

Lender

Atlantic Union Bank

Business Detail

Business Type

Corporation

NAICS

541519

Borrower Location

Woodstock, MD

Project Location

Woodstock, MD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.