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ADVANCE LLC

Company Details

Name: ADVANCE LLC
Legal type: Kentucky Limited Liability Company
Status: Active
Standing: Good
Profit or Non-Profit: Profit
File Date: 24 May 2016 (9 years ago)
Organization Date: 24 May 2016 (9 years ago)
Last Annual Report: 06 Mar 2025 (8 days ago)
Managed By: Members
Organization Number: 0953472
Industry: Hotels, Rooming Houses, Camps, and other Lodging Places
Number of Employees: Small (0-19)
ZIP code: 40505
City: Lexington
Primary County: Fayette County
Principal Office: 2255 BUENA VISTA RD., Lexington, KY 40505
Place of Formation: KENTUCKY

Member

Name Role
Manisha Patel Member
Mukund Paragh Member

Registered Agent

Name Role
MANISHA PATEL Registered Agent

Organizer

Name Role
MANISHA PATEL Organizer
Manisha Patel Organizer

Filings

Name File Date
Annual Report 2025-03-06
Annual Report 2024-03-07
Annual Report 2023-05-03
Annual Report 2022-03-08
Annual Report 2021-04-14
Annual Report 2020-06-16
Annual Report 2019-02-04
Annual Report 2018-01-12
Annual Report 2017-03-02
Registered Agent name/address change 2016-07-06

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
4081138309 2021-01-22 0457 PPS 1020 Amberley Way, Richmond, KY, 40475-8846
Loan Status Date 2022-01-11
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 79244.93
Loan Approval Amount (current) 79244.93
Undisbursed Amount 0
Franchise Name Tru by Hilton
Lender Location ID 27235
Servicing Lender Name Cumberland Valley National Bank & Trust Company
Servicing Lender Address 1112 Hwy 490, EAST BERNSTADT, KY, 40729
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Richmond, MADISON, KY, 40475-8846
Project Congressional District KY-06
Number of Employees 11
NAICS code 721110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 27235
Originating Lender Name Cumberland Valley National Bank & Trust Company
Originating Lender Address EAST BERNSTADT, KY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 79964.74
Forgiveness Paid Date 2021-12-30
5696787005 2020-04-06 0457 PPP 1020 Amberley Way, RICHMOND, KY, 40475-8846
Loan Status Date 2021-05-12
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 57700
Loan Approval Amount (current) 57700
Undisbursed Amount 0
Franchise Name Tru by Hilton
Lender Location ID 27235
Servicing Lender Name Cumberland Valley National Bank & Trust Company
Servicing Lender Address 1112 Hwy 490, EAST BERNSTADT, KY, 40729
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address RICHMOND, MADISON, KY, 40475-8846
Project Congressional District KY-06
Number of Employees 16
NAICS code 721110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 27235
Originating Lender Name Cumberland Valley National Bank & Trust Company
Originating Lender Address EAST BERNSTADT, KY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 58270.59
Forgiveness Paid Date 2021-04-08

U.S. Small Business Administration Profile

Status User ID Name of Firm Trade Name UEI Address
Active P2484200 ADVANCE LLC - PMMHHCH9EBS1 1020 AMBERLEY WAY, RICHMOND, KY, 40475-8846
Capabilities Statement Link -
Phone Number 859-559-2429
Fax Number -
E-mail Address Trurichmondky@gmail.com
WWW Page -
E-Commerce Website -
Contact Person NEIL PATEL
County Code (3 digit) 151
Congressional District 06
Metropolitan Statistical Area 4280
CAGE Code 8M7C2
Year Established 2018
Accepts Government Credit Card Yes
Legal Structure Corporation
Ownership and Self-Certifications Native American, Other Minority Owned, Self-Certified Small Disadvantaged Business
Business Development Servicing Office KENTUCKY DISTRICT OFFICE (SBA office code 0457)
Capabilities Narrative (none given)
Special Equipment/Materials (none given)
Business Type Percentages (none given)
Keywords (none given)
Quality Assurance Standards (none given)
Electronic Data Interchange capable -

SBA Federal Certifications

HUBZone Certified No
Women Owned Certified No
Women Owned Pending No
Economically Disadvantaged Women Owned Certified No
Economically Disadvantaged Women Owned Pending No
Veteran-Owned Small Business Certified No
Veteran-Owned Small Business Joint Venture No
Service-Disabled Veteran-Owned Small Business Certified No
Service-Disabled Veteran-Owned Small Business Joint Venture No

Bonding Levels

Description Construction Bonding Level (per contract)
Level (none given)
Description Construction Bonding Level (aggregate)
Level (none given)
Description Service Bonding Level (per contract)
Level (none given)
Description Service Bonding Level (aggregate)
Level (none given)

NAICS Codes with Size Determinations by NAICS

Primary Yes
Code 721110
NAICS Code's Description Hotels (except Casino Hotels) and Motels
Small Yes

Export Profile (Trade Mission Online)

Exporter Firm hasn't answered this question yet
Export Business Activities (none given)
Exporting to (none given)
Desired Export Business Relationships (none given)
Description of Export Objective(s) (none given)

Sources: Kentucky Secretary of State