PPP Loan information for Emerging advanced products, llc

$943,710

Emerging advanced products, llc was initially approved for PPP Loan of amount $943,710, the current approved amount is $943,710. The loan was approved on 05/18/2021 by The Comerica Bank reported 75 jobs and $943,710 was used to fund payroll.

Emerging advanced products, llc is Existing or more than 2 years old

PPP Loan Search / MI / Van Buren Twp / Emerging advanced products, llc

EMERGING ADVANCED PRODUCTS, LLC

Date Approved

05/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EMERGING ADVANCED PRODUCTS, LLC

Borrower Address

39555 S Interstate 94 Service Dr

Borrower City

Van Buren Twp

Borrower State

MI

Borrower Zip

48111-2858

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

943710.00

Current Approval Amount

943710.00

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

Van Buren Twp

Project County Name

WAYNE

Project State

MI

Project Zip

48111-2858

CD

MI-06

Jobs Reported

75

NAICS Code

332111

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

943707.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

948926.62

Forgiveness Date

12/07/2021

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