ADVANCED DESIGN & TOOLING LLC (RI) - 2020 PPP Loan Borrower Profile (# 6974688807)

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

6974688807

SBA Office Code

0165

Processing Method

PPS

Curent Loan Amount

$26,577

Date Loan was Approved

Apr 20, 2021

Amount Forgiven

$26,770.68

Date Loan was Forgiven

Jan 13, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

26,574

Lender

Bank of America, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332999

Borrower Location

EAST PROVIDENCE, RI

Project Location

EAST PROVIDENCE, RI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.