ADVANTAGE AUTOMOTIVE, INC. (MI) - 2020 PPP Loan Borrower Profile (# 9190157103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE AUTOMOTIVE, 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

9190157103

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$37,464.57

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$37,944.94

Date Loan was Forgiven

Aug 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,746.46

Payroll Proced

28,670.5

Mortgage Interest Proceed

3,746.45

Health Care Proceed

1,301.16

Lender

ChoiceOne Bank

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

METAMORA, MI

Project Location

METAMORA, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.