PPP Loan information for Advance novelty co

$192,500

Advance novelty co was initially approved for PPP Loan of amount $192,500, the current approved amount is $192,500. The loan was approved on 01/16/2021 by The Chelsea State Bank reported 24 jobs and $192,500 was used to fund payroll.

Advance novelty co is Existing or more than 2 years old

ADVANCE NOVELTY CO

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ADVANCE NOVELTY CO

Borrower Address

29199 6 Mile Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48152-3661

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192500.00

Current Approval Amount

192500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48152-3661

CD

MI-12

Jobs Reported

24

NAICS Code

532289

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

192498.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

193834.32

Forgiveness Date

10/06/2021

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