ADVANCED BATTERY CONCEPTS LLC (MI) - 2020 PPP Loan Borrower Profile (# 1684047109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED BATTERY CONCEPTS LLC. 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

1684047109

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$525,902.5

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$529,481.56

Date Loan was Forgiven

Dec 21, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

525,902.5

Lender

The Huntington National Bank

Business Detail

Business Type

Corporation

NAICS

335911

Borrower Location

CLARE, MI

Project Location

CLARE, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.