PPP Loan information for Advance turning & manufacturing

$2,000,000

Advance turning & manufacturing was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The County National Bank reported 228 jobs and $2,000,000 was used to fund payroll.

Advance turning & manufacturing is Existing or more than 2 years old

ADVANCE TURNING & MANUFACTURING

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ADVANCE TURNING & MANUFACTURING

Borrower Address

4005 Morrill Rd

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49201-7013

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49201-7013

CD

MI-05

Jobs Reported

228

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2014111.11

Forgiveness Date

10/15/2021

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