ADVANTECH, LTD. (IA) - 2020 PPP Loan Borrower Profile (# 6511257009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTECH, LTD.. 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 Iowa.

Loan Detail

Loan Number

6511257009

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$138,875

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$140,248.32

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Mortgage Interest Proceed

138,875

Lender

Availa Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

311119

Borrower Location

FORT DODGE, IA

Project Location

FORT DODGE, IA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.