PPP Loan information for Advanced industries inc.

$382,200

Advanced industries inc. was initially approved for PPP Loan of amount $382,200, the current approved amount is $382,200. The loan was approved on 04/28/2020 by The Comerica Bank reported 27 jobs and $382,200 was used to fund payroll.

Advanced industries inc. is Existing or more than 2 years old

PPP Loan Search / MI / Chelsea / Advanced industries inc.

ADVANCED INDUSTRIES INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCED INDUSTRIES INC.

Borrower Address

3955 S Fletcher Rd.

Borrower City

Chelsea

Borrower State

MI

Borrower Zip

48118-9207

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

382200.00

Current Approval Amount

382200.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-9207

CD

MI-06

Jobs Reported

27

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

305822.00

Mortgage Interest Proceed

76378.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

386701.47

Forgiveness Date

07/19/2021

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