PPP Loan information for Aver sign company

$265,500

Aver sign company was initially approved for PPP Loan of amount $265,500, the current approved amount is $265,500. The loan was approved on 04/30/2020 by The Bank Michigan reported 25 jobs and $265,500 was used to fund payroll.

Aver sign company is Existing or more than 2 years old

AVER SIGN COMPANY

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AVER SIGN COMPANY

Borrower Address

359 Livernois

Borrower City

Ferndale

Borrower State

MI

Borrower Zip

48220

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265500.00

Current Approval Amount

265500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-0001

CD

MI-11

Jobs Reported

25

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1100.00

Payroll Proceed

212400.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

11000

Business Type

Corporation

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

257075.00

Forgiveness Date

12/21/2020

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