ADVANTAGE CASH ADVANCE I LLC (MI) - 2020 PPP Loan Borrower Profile (# 3881057306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE CASH ADVANCE I 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

3881057306

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$7,000

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Exemption 4

Loan Term

83 Months

Payroll Proced

5,250

Rent Proceed

1,750

Lender

ELGA CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

522390

Borrower Location

Oak Park, MI

Project Location

Oak Park, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.