PPP Loan information for Advanced energy llc

$756,045

Advanced energy llc was initially approved for PPP Loan of amount $756,045, the current approved amount is $756,045. The loan was approved on 01/22/2021 by The West Shore Bank reported 37 jobs and $756,045 was used to fund payroll.

Advanced energy llc is Existing or more than 2 years old

ADVANCED ENERGY LLC

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

756045.00

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

MI

Servicing Lender Zip

49431-2012

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-3661

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36467

Originating Lender

West Shore Bank

Originating Lender City

LUDINGTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

764130.48

Forgiveness Date

02/25/2022

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