Advantage Electric Services, L.l.c.

$572,417 PPP Loan in Traverse City, Michigan

Loan Details

Loan Number
1650607701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$572,417
Current Approval
$572,417
Forgiveness Amount
$579,585
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advantage Electric Services, L.l.c.
Address
2238 Traversefield Drive
ZIP Code
49686
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$12.2M
Rural/Urban
Urban
Congressional District
MI-01

Loan Use Breakdown

Payroll
$431,504
Rent
$9,000
Utilities
$6,688
Health Care
$125,225

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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