ADVANCED MECHANICAL, INC. (ND) - 2020 PPP Loan Borrower Profile (# 6284417008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MECHANICAL, 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 Dakota.

Loan Detail

Loan Number

6284417008

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$562,000

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$565,169.06

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

562,000

Lender

Dakota Community Bank & Trust, National Association

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

BISMARCK, ND

Project Location

BISMARCK, ND

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.