Advance Turning and Manufacturing, Inc.

$2,136,000 PPP Loan in Jackson, Michigan

Loan Details

Loan Number
5196337003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,136,000
Current Approval
$2,136,000
Forgiveness Amount
$2,160,920
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advance Turning and Manufacturing, Inc.
Address
4005 Morrill Rd
ZIP Code
49201-7013
Business Type
Corporation
Industry (NAICS)
Manufacturing (336413)
Business Age
New Business or 2 years or less
Jobs Reported
210
Estimated Revenue
$55.0M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$1,708,800
Utilities
$106,800
Mortgage Interest
$320,400

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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