ADVANCED INTERIORS INC (MI) - 2020 PPP Loan Borrower Profile (# 7664037008)

Updated on April 18, 2025.

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

7664037008

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$970,277

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$976,258.16

Date Loan was Forgiven

Nov 25, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

14,448

Payroll Proced

792,765.9

Rent Proceed

69,554

Health Care Proceed

49,714

Debt Interest Proceed

43,795.1

Lender

Mercantile Bank

Business Detail

Business Type

Corporation

NAICS

423310

Borrower Location

JENISON, MI

Project Location

JENISON, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.