Advanta Industries INC
$368,400 PPP Loan in Petersburg, Michigan
Loan Details
- Loan Number
- 5324717005
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $368,400
- Current Approval
- $368,400
- Forgiveness Amount
- $371,143
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Advanta Industries INC
- Address
- 15777 Ida West Rd
- City
- Petersburg
- State
- Michigan
- ZIP Code
- 49270-9595
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $7.3M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $293,400
- Rent
- $30,000
- Utilities
- $45,000
Lender Information
- Servicing Lender
- Waterford Bank, National Association
- Originating Lender
- Waterford Bank, National Association
Other PPP Loans in Petersburg, MI
| Business | Approved | |
|---|---|---|
| Stevens Disposal & Recycling Service INC | $1,620,370 | |
| D&p Communications, INC | $687,500 | |
| Thompson Plumbing & Heating, Inc. | $440,000 | |
| Advanta Industries INC | $368,460 | |
| Stock Drilling Inc. | $182,858 |
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