ADVANCED MACHINE REPAIR INC (MI) - 2020 PPP Loan Borrower Profile (# 1928247706)

Updated on April 18, 2025.

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

1928247706

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$32,505

Date Loan was Approved

May 1, 2020

Amount Forgiven

$32,812.05

Date Loan was Forgiven

Apr 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

29,422

Health Care Proceed

3,083

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

811412

Borrower Location

OXFORD, MI

Project Location

OXFORD, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.