# PPP loan: ADVANCED BATTERY CONCEPTS LLC
> **$526K** approved 04/10/2020 · Paid in Full · Loan `1684047109`
## Borrower
- **Name:** ADVANCED BATTERY CONCEPTS LLC
- **Address:** 8 Consumers Energy Parkway, CLARE, MI, 48617-9540
- **NAICS:** 335911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $526K
- **Jobs reported:** 40
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*