ADVANTAGE LABEL & PACKAGING, INC. (MI) - 2020 PPP Loan Borrower Profile (# 4050087101)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE LABEL & PACKAGING, 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
4050087101
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$631,867.5
Date Loan was Approved
Apr 12, 2020
Amount Forgiven
$636,269.35
Date Loan was Forgiven
Feb 12, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
631,867.5
Lender
The Huntington National Bank
Business Detail
Business Type
Corporation
NAICS
561910
Borrower Location
GRAND RAPIDS, MI
Project Location
GRAND RAPIDS, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
48
Business Age Description
Existing or more than 2 years old
Data Source: SBA.