ADVANCED LOGIC INDUSTRIES, INC. (VA) - 2020 PPP Loan Borrower Profile (# 8571358306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED LOGIC INDUSTRIES, 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

8571358306

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$530,260

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$534,560.19

Date Loan was Forgiven

Nov 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

530,257

Lender

The National Bank of Blacksburg

Business Detail

Business Type

Corporation

NAICS

443142

Borrower Location

Blacksburg, VA

Project Location

Blacksburg, VA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.