ADVANCED MARINE TECHS, LLC (AL) - 2020 PPP Loan Borrower Profile (# 1511637100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MARINE TECHS, 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 Alabama.

Loan Detail

Loan Number

1511637100

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$9,092.5

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$9,205.15

Date Loan was Forgiven

Jul 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

9,092.5

Lender

United Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

336612

Borrower Location

ELBERTA, AL

Project Location

ELBERTA, AL

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.