ADVANCED DESIGN & TOOLING LLC (RI) - 2020 PPP Loan Borrower Profile (# 6025157705)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCED DESIGN & TOOLING LLC. 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 Rhode Island.
Loan Detail
Loan Number
6025157705
SBA Office Code
0165
Processing Method
PPP
Curent Loan Amount
$25,808
Date Loan was Approved
May 3, 2020
Amount Forgiven
$26,018
Date Loan was Forgiven
Feb 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
25,808
Lender
Bank of America, National Association
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
561499
Borrower Location
WOONSOCKET, RI
Project Location
WOONSOCKET, RI
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
4
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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