PPP borrower record
AD-VANCE MAGNETICS INC PPP loan record
Public SBA PPP loan record for AD-VANCE MAGNETICS INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$207,300
Approved amount
$208,423
Forgiven amount
2020-04-15
Date approved
Borrower and loan details
Borrower
AD-VANCE MAGNETICS INC
Loan number
9112467107
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Rochester
Borrower state
Indiana
Borrower ZIP
46975
Jobs reported
21
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
1st Source Bank
Originating lender
1st Source Bank
Reported use of proceeds
Payroll
$207,300
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.