PPP Loan information for Advanced assembly products, inc.

$157,500

Advanced assembly products, inc. was initially approved for PPP Loan of amount $157,500, the current approved amount is $157,500. The loan was approved on 04/29/2020 by The Comerica Bank reported 20 jobs and $157,500 was used to fund payroll.

Advanced assembly products, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Hazel Park / Advanced assembly products, inc.

ADVANCED ASSEMBLY PRODUCTS, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCED ASSEMBLY PRODUCTS, INC.

Borrower Address

1300 E. Nine Mile Road

Borrower City

Hazel Park

Borrower State

MI

Borrower Zip

48030-1959

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157500.00

Current Approval Amount

157500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hazel Park

Project County Name

OAKLAND

Project State

MI

Project Zip

48030-1959

CD

MI-11

Jobs Reported

20

NAICS Code

336370

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

126000.00

Mortgage Interest Proceed

31500.00

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

158812.50

Forgiveness Date

02/25/2021

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