PPP Loan information for Avalon technologies inc.

$275,395

Avalon technologies inc. was initially approved for PPP Loan of amount $275,395, the current approved amount is $275,395. The loan was approved on 01/22/2021 by The Honor Bank reported 12 jobs and $275,395 was used to fund payroll.

Avalon technologies inc. is Existing or more than 2 years old

AVALON TECHNOLOGIES INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AVALON TECHNOLOGIES INC.

Borrower Address

39533 Woodward Ave

Borrower City

Bloomfield Hills

Borrower State

MI

Borrower Zip

48304-5188

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275395.00

Current Approval Amount

275395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48304-5188

CD

MI-11

Jobs Reported

12

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275393.00

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

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

276580.73

Forgiveness Date

07/06/2021

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