ADVANCED ASSEMBLY PRODUCTS, INC. (MI) - 2020 PPP Loan Borrower Profile (# 2666407307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ASSEMBLY PRODUCTS, 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

2666407307

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$157,500

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$158,812.5

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

126,000

Mortgage Interest Proceed

31,500

Lender

Comerica Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

336370

Borrower Location

Hazel Park, MI

Project Location

Hazel Park, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.