ADVANCED CAPITAL SOLUTIONS, INC (OH) - 2020 PPP Loan Borrower Profile (# 1326347203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED CAPITAL SOLUTIONS, 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 Ohio.

Loan Detail

Loan Number

1326347203

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$217,300

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$218,562.15

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

11,003

Payroll Proced

192,109

Mortgage Interest Proceed

Rent Proceed

13,083

Refinance EIDL Proceed

Health Care Proceed

1,105

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

561440

Borrower Location

Canton, OH

Project Location

Canton, OH

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.