Advanced Magnet Source Corporation
$120,225 PPP Loan in Canton, Michigan
Loan Details
- Loan Number
- 2058127705
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $120,225
- Current Approval
- $120,225
- Forgiveness Amount
- $121,043
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Advanced Magnet Source Corporation
- Address
- 5033 Belleville Rd
- City
- Canton
- State
- Michigan
- ZIP Code
- 48188
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $96,180
- Rent
- $5,100
- Utilities
- $4,745
- Health Care
- $7,200
- Mortgage Interest
- $7,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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