ADVANCED INDUSTRIAL DISTRIBUTION INC. (NC) - 2020 PPP Loan Borrower Profile (# 1398968501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED INDUSTRIAL DISTRIBUTION 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 North Carolina.

Loan Detail

Loan Number

1398968501

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$217,082.5

Date Loan was Approved

Feb 18, 2021

Amount Forgiven

$217,794.05

Date Loan was Forgiven

Jun 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

217,082.5

Lender

Truist Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332710

Borrower Location

Mooresville, NC

Project Location

Mooresville, NC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.