ADVANTA INDUSTRIES INC (MI) - 2020 PPP Loan Borrower Profile (# 1888098307)

Updated on April 18, 2025.

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

1888098307

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$368,460

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$372,881.52

Date Loan was Forgiven

Mar 31, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

368,458

Lender

Waterford Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

331210

Borrower Location

Petersburg, MI

Project Location

Petersburg, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.