ADVANTAGE MATERIALS INC (OH) - 2020 PPP Loan Borrower Profile (# 1351527701)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE MATERIALS 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

1351527701

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$48,860

Date Loan was Approved

May 1, 2020

Amount Forgiven

$49,306.91

Date Loan was Forgiven

Apr 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,875

Payroll Proced

36,560

Rent Proceed

6,000

Health Care Proceed

3,425

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

424690

Borrower Location

PARIS, OH

Project Location

PARIS, OH

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.