Advantage Electric and Controls Inc.

$1,603,900 PPP Loan in Shelby Township, Michigan

Loan Details

Loan Number
9789157208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,603,900
Current Approval
$1,603,900
Forgiveness Amount
$1,620,696
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Advantage Electric and Controls Inc.
Address
13240 West Star Dr
ZIP Code
48315-2745
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$22.4M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$1,283,126
Mortgage Interest
$320,774

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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