Aver Sign Company

$265,500 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
7469027304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$265,500
Current Approval
$265,500
Forgiveness Amount
$267,152
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aver Sign Company
Address
359 Livernois
ZIP Code
48220
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$212,400
Rent
$40,000
Utilities
$1,100
Health Care
$1,000
Debt Interest
$11,000

Lender Information

Servicing Lender
Bank Michigan
Originating Lender
Bank Michigan

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