ADVANCED PRECISION SOLUTIONS LLC (MI) - 2020 PPP Loan Borrower Profile (# 7206997006)

Updated on April 18, 2025.

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

7206997006

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$83,312

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$83,798.19

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

83,312

Lender

First Bank, Upper Michigan

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332710

Borrower Location

ESCANABA, MI

Project Location

ESCANABA, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.