PPP Loan information for Advance bag and packaging company

$405,700

Advance bag and packaging company was initially approved for PPP Loan of amount $405,700, the current approved amount is $405,700. The loan was approved on 04/29/2020 by The Comerica Bank reported 29 jobs and $405,700 was used to fund payroll.

Advance bag and packaging company is Existing or more than 2 years old

PPP Loan Search / MI / Waterford / Advance bag and packaging company

ADVANCE BAG AND PACKAGING COMPANY

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCE BAG AND PACKAGING COMPANY

Borrower Address

5720 Williams Lake Rd.

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48329-3274

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

405700.00

Current Approval Amount

405700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48329-3274

CD

MI-11

Jobs Reported

29

NAICS Code

424990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

324636.00

Mortgage Interest Proceed

81064.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

408573.71

Forgiveness Date

01/12/2021

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