ADVANTAGE POWDER COATING, INC. (OH) - 2020 PPP Loan Borrower Profile (# 7230337105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE POWDER COATING, 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

7230337105

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$109,100

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$109,990.98

Date Loan was Forgiven

Feb 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,910

Payroll Proced

87,280

Rent Proceed

10,910

Lender

The Old Fort Banking Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

332812

Borrower Location

DEFIANCE, OH

Project Location

DEFIANCE, OH

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.