Advanced Farm Equipment, LLC
$289,575 PPP Loan in Vestaburg, Michigan
Loan Details
- Loan Number
- 7715767005
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $289,575
- Current Approval
- $289,575
- Forgiveness Amount
- $291,907
- Forgiveness Date
- Feb 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Advanced Farm Equipment, LLC
- Address
- 5773 Crystal Rd
- City
- Vestaburg
- State
- Michigan
- ZIP Code
- 48891-9706
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (333111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.5M
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $217,182
- Rent
- $24,000
- Utilities
- $14,000
- Health Care
- $28,000
- Mortgage Interest
- $893
- Debt Interest
- $5,500
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Vestaburg, MI
| Business | Approved | |
|---|---|---|
| Advanced Farm Equipment LLC | $289,575 |  AI Deep Dive |
| Gas Production Company | $141,600 | AI Deep Dive |
| Trayer Water Wells INC | $79,380 | AI Deep Dive |
| Country Inn Restaurant INC | $78,970 | AI Deep Dive |
| Stubborn Rebel Farms | $70,000 | AI Deep Dive |
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