ADVANCED CARBIDE TOOL COMPANY INC (PA) - 2020 PPP Loan Borrower Profile (# 6534087205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED CARBIDE TOOL COMPANY 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 Pennsylvania.

Loan Detail

Loan Number

6534087205

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$227,155

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$229,925.03

Date Loan was Forgiven

Jul 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

227,155

Lender

Freedom CU

Business Detail

Business Type

Corporation

NAICS

333515

Borrower Location

Southampton, PA

Project Location

Southampton, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.