ADVANCED APPLICATIONS INSTITUTE INC (GA) - 2020 PPP Loan Borrower Profile (# 7905987307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED APPLICATIONS INSTITUTE 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 Georgia.

Loan Detail

Loan Number

7905987307

SBA Office Code

0405

Processing Method

PPP

Curent Loan Amount

$158,200

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$158,995.39

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

158,200

Lender

First-Citizens Bank & Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

541511

Borrower Location

ATLANTA, GA

Project Location

ATLANTA, GA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.