ADVANT-EDGE SOLUTIONS OF MIDDLE ATLANTIC, INC. (DE) - 2020 PPP Loan Borrower Profile (# 7868357110)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANT-EDGE SOLUTIONS OF MIDDLE ATLANTIC, 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 Delaware.
Loan Detail
Loan Number
7868357110
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$355,827
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$358,829.59
Date Loan was Forgiven
Feb 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
2,000
Payroll Proced
297,871
Mortgage Interest Proceed
0
Rent Proceed
10,000
Refinance EIDL Proceed
0
Health Care Proceed
44,956
Debt Interest Proceed
1,000
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
562111
Borrower Location
Newark, DE
Project Location
Newark, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
33
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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