PPP Loan information for Advanced interiors inc

$970,277

Advanced interiors inc was initially approved for PPP Loan of amount $970,277, the current approved amount is $970,277. The loan was approved on 04/07/2020 by The Mercantile Bank reported 92 jobs and $970,277 was used to fund payroll.

Advanced interiors inc is Existing or more than 2 years old

PPP Loan Search / MI / JENISON / Advanced interiors inc

ADVANCED INTERIORS INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCED INTERIORS INC

Borrower Address

6656 Pine Ridge Court

Borrower City

JENISON

Borrower State

MI

Borrower Zip

49428-9254

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

970277.00

Current Approval Amount

970277.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JENISON

Project County Name

OTTAWA

Project State

MI

Project Zip

49428-9254

CD

MI-02

Jobs Reported

92

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14448.00

Payroll Proceed

792765.90

Mortgage Interest Proceed

0.00

Rent Proceed

69554.00

Refinance EIDL Proceed

0.00

Health Care Proceed

49714.00

Debt Interest Proceed

43795.1

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

976258.16

Forgiveness Date

11/25/2020

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