PPP Loan information for Advanced automotive group, llc

$81,600

Advanced automotive group, llc was initially approved for PPP Loan of amount $81,600, the current approved amount is $81,600. The loan was approved on 04/07/2020 by The Eastern Michigan Bank reported 6 jobs and $81,600 was used to fund payroll.

Advanced automotive group, llc is Existing or more than 2 years old

PPP Loan Search / MI / CLAY / Advanced automotive group, llc

ADVANCED AUTOMOTIVE GROUP, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCED AUTOMOTIVE GROUP, LLC

Borrower Address

8784 FOLKERT RD

Borrower City

CLAY

Borrower State

MI

Borrower Zip

48001-3700

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81600.00

Current Approval Amount

81600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLAY

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48001-3700

CD

MI-09

Jobs Reported

6

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

66600.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82525.55

Forgiveness Date

06/03/2021

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