ADVANCED MARINE DIESEL LLC (VA) - 2020 PPP Loan Borrower Profile (# 5542338308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MARINE DIESEL 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 Virginia.

Loan Detail

Loan Number

5542338308

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$29,320

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$29,502.35

Date Loan was Forgiven

Sep 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

29,318

Lender

Bank of America, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

488390

Borrower Location

Norfolk, VA

Project Location

Norfolk, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.