ADVANCE APPARELS INC. (NJ) - 2020 PPP Loan Borrower Profile (# 6985578303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE APPARELS 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 New Jersey.

Loan Detail

Loan Number

6985578303

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$48,973.55

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$49,510.9

Date Loan was Forgiven

Mar 17, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

48,971.55

Lender

First Bank of the Lake

Business Detail

Business Type

Corporation

NAICS

425120

Borrower Location

South Hackensack, NJ

Project Location

South Hackensack, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.