ADVANCED INTERNET MARKETING INC. (VA) - 2020 PPP Loan Borrower Profile (# 4344587006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED INTERNET MARKETING 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

4344587006

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$1,850,000

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$1,875,077.78

Date Loan was Forgiven

Aug 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

31,000

Payroll Proced

1,767,000

Rent Proceed

52,000

Lender

The Old Point National Bank of Phoebus

Business Detail

Business Type

Subchapter S Corporation

NAICS

561422

Borrower Location

VIRGINIA BEACH, VA

Project Location

VIRGINIA BEACH, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

126

Business Age Description

Existing or more than 2 years old

Data Source: SBA.