ADVANCE TURNING AND MANUFACTURING, INC. (MI) - 2020 PPP Loan Borrower Profile (# 5196337003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCE TURNING AND MANUFACTURING, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

5196337003

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$2,136,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$2,160,920

Date Loan was Forgiven

Jun 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

106,800

Payroll Proced

1,708,800

Mortgage Interest Proceed

320,400

Lender

County National Bank

Business Detail

Business Type

Corporation

NAICS

336413

Borrower Location

JACKSON, MI

Project Location

JACKSON, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

210

Business Age Description

New Business or 2 years or less

Data Source: SBA.