ADVANCED TEXTILE COMPOSITES INC (PA) - 2020 PPP Loan Borrower Profile (# 9349897410)

Updated on April 18, 2025.

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

9349897410

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$391,061

Date Loan was Approved

May 20, 2020

Amount Forgiven

$394,564.48

Date Loan was Forgiven

Apr 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

391,061

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

314999

Borrower Location

SCRANTON, PA

Project Location

SCRANTON, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.