ADVANCED INDUSTRIES INC. (MI) - 2020 PPP Loan Borrower Profile (# 8757538310)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCED INDUSTRIES 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
8757538310
SBA Office Code
0515
Processing Method
PPS
Curent Loan Amount
$382,200
Date Loan was Approved
Jan 30, 2021
Amount Forgiven
$385,353.15
Date Loan was Forgiven
Dec 6, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
382,195
Lender
Comerica Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
332710
Borrower Location
Chelsea, MI
Project Location
Chelsea, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
27
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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