21 HANDSHAKE LLC (MI) - 2020 PPP Loan Borrower Profile (# 1046897700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 21 HANDSHAKE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

1046897700

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$49,895

Date Loan was Approved

May 1, 2020

Amount Forgiven

$50,616.23

Date Loan was Forgiven

Oct 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,895

Payroll Proced

42,000

Rent Proceed

3,000

Debt Interest Proceed

2,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

531210

Borrower Location

ADA, MI

Project Location

ADA, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.