PPP Loan information for Advanta industries inc

$368,400

Advanta industries inc was initially approved for PPP Loan of amount $368,400, the current approved amount is $368,400. The loan was approved on 04/05/2020 by The Waterford Bank, National Association reported 26 jobs and $368,400 was used to fund payroll.

Advanta industries inc is Existing or more than 2 years old

PPP Loan Search / MI / PETERSBURG / Advanta industries inc

ADVANTA INDUSTRIES INC

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANTA INDUSTRIES INC

Borrower Address

15777 Ida West Rd

Borrower City

PETERSBURG

Borrower State

MI

Borrower Zip

49270-9595

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368400.00

Current Approval Amount

368400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PETERSBURG

Project County Name

MONROE

Project State

MI

Project Zip

49270-9595

CD

MI-05

Jobs Reported

26

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

45000.00

Payroll Proceed

293400.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

371142.53

Forgiveness Date

01/07/2021

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