ADVANCE DEMOCRACY, INC (VA) - 2020 PPP Loan Borrower Profile (# 6247777110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE DEMOCRACY, 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 Virginia.

Loan Detail

Loan Number

6247777110

SBA Office Code

0353

Processing Method

PPP

Curent Loan Amount

$68,417

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$69,023.25

Date Loan was Forgiven

Mar 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,552

Payroll Proced

51,313

Rent Proceed

8,552

Lender

Chain Bridge Bank, National Association

Business Detail

Business Type

Corporation

NAICS

813940

Borrower Location

McLean, VA

Project Location

McLean, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.