ADVANCETEC L.L.C. (VA) - 2020 PPP Loan Borrower Profile (# 7693539007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCETEC L.L.C.. 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

7693539007

SBA Office Code

0304

Processing Method

PPS

Curent Loan Amount

$1,105,375

Date Loan was Approved

May 26, 2021

Amount Forgiven

$1,111,024.69

Date Loan was Forgiven

Dec 3, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,105,372

Lender

Truist Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236210

Borrower Location

North Chesterfield, VA

Project Location

North Chesterfield, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.