ADVANCED TELEPHONE SYSTEMS, INC. (MS) - 2020 PPP Loan Borrower Profile (# 1511697303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED TELEPHONE SYSTEMS, 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 Mississippi.

Loan Detail

Loan Number

1511697303

SBA Office Code

0470

Processing Method

PPP

Curent Loan Amount

$7,500

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$7,568.54

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

6,500

Refinance EIDL Proceed

1,000

Lender

Cadence Bank

Business Detail

Business Type

Corporation

NAICS

811213

Borrower Location

BOONEVILLE, MS

Project Location

BOONEVILLE, MS

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.