ADVANCE INDUSTRIAL GROUP, LLC (GA) - 2020 PPP Loan Borrower Profile (# 5152437007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE INDUSTRIAL GROUP, 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 Georgia.

Loan Detail

Loan Number

5152437007

SBA Office Code

0405

Processing Method

PPP

Curent Loan Amount

$866,100

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$873,173.15

Date Loan was Forgiven

Feb 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

86,610

Payroll Proced

692,880

Rent Proceed

86,610

Lender

Queensborough National Bank and Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531120

Borrower Location

AUGUSTA, GA

Project Location

AUGUSTA, GA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.