ADVANCED EQUIPMENT INC (OH) - 2020 PPP Loan Borrower Profile (# 8087198304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED EQUIPMENT 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

8087198304

SBA Office Code

0549

Processing Method

PPS

Curent Loan Amount

$22,750

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$22,926.39

Date Loan was Forgiven

Nov 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

22,749

Lender

Westfield Bank, FSB

Business Detail

Business Type

Corporation

NAICS

423440

Borrower Location

Stow, OH

Project Location

Stow, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.