Advantage Benefits Group, Inc.

$504,962 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
8708587006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$504,962
Current Approval
$504,962
Forgiveness Amount
$507,978
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Advantage Benefits Group, Inc.
Address
1 Ionia SW Suite 300
ZIP Code
49503-4194
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$446,962
Rent
$24,000
Utilities
$6,000
Health Care
$28,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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