NewBizBot
Try for Free

Advance Electric Inc.

$148,505 PPP Loan in Gaylord, Michigan

Loan Details

Loan Number
3660858302
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$148,505
Current Approval
$148,505
Forgiveness Amount
$149,957
Forgiveness Date
Feb 9, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Advance Electric Inc.
Address
846 Carpenter St
City
Gaylord
State
Michigan
ZIP Code
49735-1917
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$148,503
Utilities
$1

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

Other PPP Loans in Gaylord, MI

BusinessApproved
Ipec, Inc.$3,621,700NewBizBotAI Deep Dive
Freeman Family Enterprises, LLC$1,696,555NewBizBotAI Deep Dive
M&m Excavating Co., Inc.$1,385,837NewBizBotAI Deep Dive
Johnson Oil Company of Gaylord$1,379,157NewBizBotAI Deep Dive
Johnson Oil Company of Gaylord$1,379,155NewBizBotAI Deep Dive

Want to research this company further?