ADVANCED AUTOMOTIVE SERVICES LTD (MI) - 2020 PPP Loan Borrower Profile (# 7595248602)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED AUTOMOTIVE SERVICES LTD. 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

7595248602

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$18,240

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$18,385.42

Date Loan was Forgiven

Jan 19, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

18,236

Lender

KeyBank National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

Ypsilanti, MI

Project Location

Ypsilanti, 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.