PPP Loan information for Prestige advanced inc

$608,900

Prestige advanced inc was initially approved for PPP Loan of amount $608,900, the current approved amount is $608,900. The loan was approved on 04/28/2020 by The First Merchants Bank reported 50 jobs and $608,900 was used to fund payroll.

Prestige advanced inc is Existing or more than 2 years old

PRESTIGE ADVANCED INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRESTIGE ADVANCED INC

Borrower Address

30031 STEPHENSON HWY

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-1605

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

608900.00

Current Approval Amount

608900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1605

CD

MI-11

Jobs Reported

50

NAICS Code

336310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

608900.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

616723.95

Forgiveness Date

08/12/2021

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