ADVANCED PAINTING TECHNOLOGIES INC. (MI) - 2020 PPP Loan Borrower Profile (# 7859038309)

Updated on April 18, 2025.

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

7859038309

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$65,887

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$66,242.61

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

65,882

Lender

Independent Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238320

Borrower Location

Traverse City, MI

Project Location

Traverse City, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.