ADVANCED CORING AND CUTTING CORP (NJ) - 2020 PPP Loan Borrower Profile (# 2024218401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED CORING AND CUTTING CORP. 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

2024218401

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$461,354.58

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$464,830.54

Date Loan was Forgiven

Nov 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

461,349.58

Lender

Provident Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238990

Borrower Location

Farmingdale, NJ

Project Location

Farmingdale, NJ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.