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 04/27/2020 by The Chelsea State Bank reported 22 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

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADVANCE NOVELTY CO

Borrower Address

29199 6 MILE RD

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48152-3661

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

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

22

NAICS Code

532289

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

192500.00

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

193496.78

Forgiveness Date

11/03/2020

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