AIR ADVANTAGE, LLC (MI) - 2020 PPP Loan Borrower Profile (# 6527957001)

Updated on April 18, 2025.

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

6527957001

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$307,000

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$308,710.14

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,000

Payroll Proced

245,712

Mortgage Interest Proceed

18,288

Rent Proceed

15,000

Health Care Proceed

10,000

Debt Interest Proceed

13,000

Lender

Frankenmuth CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

517110

Borrower Location

FRANKENMUTH, MI

Project Location

FRANKENMUTH, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.