ADVANCED MECHANICAL INC (OR) - 2020 PPP Loan Borrower Profile (# 8581517009)

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 Oregon.

Loan Detail

Loan Number

8581517009

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$808,690

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$814,561.31

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,500

Payroll Proced

787,690

Rent Proceed

15,500

Lender

Peoples Bank of Commerce

Business Detail

Business Type

Subchapter S Corporation

NAICS

332996

Borrower Location

BROWNSVILLE, OR

Project Location

BROWNSVILLE, OR

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.