ADVANTAGE SINTERED METALS, INC. (MI) - 2020 PPP Loan Borrower Profile (# 4871027200)

Updated on April 18, 2025.

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

4871027200

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$1,086,200

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$1,096,139.47

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,086,200

Lender

CIBC Bank USA

Business Detail

Business Type

Corporation

NAICS

332117

Borrower Location

BATTLE CREEK, MI

Project Location

BATTLE CREEK, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

110

Business Age Description

Existing or more than 2 years old

Data Source: SBA.