ADVANCED ENERGY GROUP LLC (MI) - 2020 PPP Loan Borrower Profile (# 8109487205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED ENERGY GROUP 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

8109487205

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$31,369

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$31,852

Date Loan was Forgiven

Nov 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

31,369

Lender

The State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541690

Borrower Location

Ann Arbor, MI

Project Location

Ann Arbor, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.