ADVANCE DRILL TECHNOLOGIES INC (WA) - 2020 PPP Loan Borrower Profile (# 8659108600)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE DRILL TECHNOLOGIES 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 Washington.

Loan Detail

Loan Number

8659108600

SBA Office Code

1013

Processing Method

PPS

Curent Loan Amount

$59,060

Date Loan was Approved

Mar 25, 2021

Amount Forgiven

$59,812.41

Date Loan was Forgiven

Jul 8, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

59,057

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

237110

Borrower Location

Snohomish, WA

Project Location

Snohomish, WA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.