ADVANCED COMPUTER SERVICE, INC. (MA) - 2020 PPP Loan Borrower Profile (# 7244057007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED COMPUTER SERVICE, 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 Massachusetts.

Loan Detail

Loan Number

7244057007

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$81,100

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$81,975.44

Date Loan was Forgiven

May 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,671

Payroll Proced

73,429

Rent Proceed

4,000

Lender

The Lowell Five Cent Savings Bank

Business Detail

Business Type

Corporation

NAICS

423430

Borrower Location

GLOUCESTER, MA

Project Location

GLOUCESTER, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.