ADVANTAGE TAX SERVICE INC (MI) - 2020 PPP Loan Borrower Profile (# 6762577005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANTAGE TAX SERVICE 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

6762577005

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$42,500

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$42,778.29

Date Loan was Forgiven

Dec 14, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

36,000

Rent Proceed

6,000

Debt Interest Proceed

500

Lender

Genisys CU

Business Detail

Business Type

Corporation

NAICS

541213

Borrower Location

HIGHLAND, MI

Project Location

HIGHLAND, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.