Advance Machine Corporation

$43,088 PPP Loan in Tawas City, Michigan

Loan Details

Loan Number
1682557105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$43,088
Current Approval
$43,088
Forgiveness Amount
$43,366
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Advance Machine Corporation
Address
612 9th Ave
ZIP Code
48763-9532
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$29,094
Rent
$7,000
Utilities
$3,218
Health Care
$3,188
Mortgage Interest
$588

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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