ADVANTAGE GROUP (MI) - 2020 PPP Loan Borrower Profile (# 6618407006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE GROUP. 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

6618407006

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$47,105

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$47,413.44

Date Loan was Forgiven

Dec 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,776.25

Payroll Proced

35,328.75

Rent Proceed

10,000

Lender

Mercantile Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

531210

Borrower Location

PORTAGE, MI

Project Location

PORTAGE, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.