PPP Loan information for Avalon international new center, llc

$391,735

Avalon international new center, llc was initially approved for PPP Loan of amount $418,000, the current approved amount is $391,735. The loan was approved on 04/05/2020 by The The State Bank reported 70 jobs and $391,735 was used to fund payroll.

Avalon international new center, llc is Existing or more than 2 years old

AVALON INTERNATIONAL NEW CENTER, LLC

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AVALON INTERNATIONAL NEW CENTER, LLC

Borrower Address

2319 BISHOP CIR

Borrower City

DEXTER

Borrower State

MI

Borrower Zip

48130-1567

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418000.00

Current Approval Amount

391735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEXTER

Project County Name

WASHTENAW

Project State

MI

Project Zip

48130-1567

CD

MI-06

Jobs Reported

70

NAICS Code

311812

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

391735.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

384203.20

Forgiveness Date

12/08/2020

;