PPP Loan information for Advantage group

$47,105

Advantage group was initially approved for PPP Loan of amount $47,105, the current approved amount is $47,105. The loan was approved on 04/07/2020 by The Mercantile Bank reported 8 jobs and $47,105 was used to fund payroll.

Advantage group is Existing or more than 2 years old

PPP Loan Search / MI / PORTAGE / Advantage group

ADVANTAGE GROUP

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANTAGE GROUP

Borrower Address

7127 S WESTNEDGE AVE SUITE 2

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49002-4208

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47105.00

Current Approval Amount

47105.00

Undisbursed Amount

0.00

Franchise Name

RE/MAX of Michigan

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

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-4208

CD

MI-06

Jobs Reported

8

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1776.25

Payroll Proceed

35328.75

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

47413.44

Forgiveness Date

12/09/2020

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