Date Approved
01/22/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
ADVANCED ENERGY LLC
Borrower Address
880 Munson Ave Ste C
Borrower City
Traverse City
Borrower State
MI
Borrower Zip
49686-3661
Loan Status Date
03/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
756045.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36467
Servicing Lender Name
West Shore Bank
Servicing Lender Address
201 W Loomis St
Servicing Lender City
LUDINGTON
Servicing Lender State
Servicing Lender Zip
49431-2012
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRAND TRAVERSE
Project State
Project Zip
CD
MI-01
Jobs Reported
37
NAICS Code
211120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
756040.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
764130.48
Forgiveness Date
02/25/2022