PPP Loan information for Advance steel company

$255,000

Advance steel company was initially approved for PPP Loan of amount $255,000, the current approved amount is $255,000. The loan was approved on 04/07/2020 by The Waterford Bank, National Association reported 16 jobs and $255,000 was used to fund payroll.

Advance steel company is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Advance steel company

ADVANCE STEEL COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCE STEEL COMPANY

Borrower Address

100 E. BIG BEAVER RD SUITE 300

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083-1204

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255000.00

Current Approval Amount

255000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-1204

CD

MI-11

Jobs Reported

16

NAICS Code

425120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16979.00

Payroll Proceed

225608.00

Mortgage Interest Proceed

0.00

Rent Proceed

12413.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258506.25

Forgiveness Date

08/25/2021

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