ADVANTAGE AUTOMOTIVE, INC. (WV) - 2020 PPP Loan Borrower Profile (# 9005047006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE AUTOMOTIVE, 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 West Virginia.

Loan Detail

Loan Number

9005047006

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$618,082

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$622,153.79

Date Loan was Forgiven

Dec 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,624

Payroll Proced

463,562

Rent Proceed

50,000

Health Care Proceed

41,031

Debt Interest Proceed

54,865

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

441110

Borrower Location

BARBOURSVILLE, WV

Project Location

BARBOURSVILLE, WV

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.