PPP Loan information for Advantage electric and controls inc.

$1,603,900

Advantage electric and controls inc. was initially approved for PPP Loan of amount $1,603,900, the current approved amount is $1,603,900. The loan was approved on 04/28/2020 by The Comerica Bank reported 68 jobs and $1,603,900 was used to fund payroll.

Advantage electric and controls inc. is Existing or more than 2 years old

PPP Loan Search / MI / SHELBY TOWNSHIP / Advantage electric and controls inc.

ADVANTAGE ELECTRIC AND CONTROLS INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANTAGE ELECTRIC AND CONTROLS INC.

Borrower Address

13240 WEST STAR DR

Borrower City

SHELBY TOWNSHIP

Borrower State

MI

Borrower Zip

48315-2745

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1603900.00

Current Approval Amount

1603900.00

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

SHELBY TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48315-2745

CD

MI-10

Jobs Reported

68

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1283126.00

Mortgage Interest Proceed

320774.00

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

1620696.40

Forgiveness Date

05/21/2021

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