Advanced Industries Inc.

$382,200 PPP Loan in Chelsea, Michigan

Loan Details

Loan Number
1262997308
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$382,200
Current Approval
$382,200
Forgiveness Amount
$386,701
Forgiveness Date
Jul 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advanced Industries Inc.
Address
3955 S Fletcher Rd.
ZIP Code
48118-9207
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$305,822
Mortgage Interest
$76,378

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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