2375GROVE CORP (MI) - 2020 PPP Loan Borrower Profile (# 3540088803)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 2375GROVE CORP. 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

3540088803

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$8,750

Date Loan was Approved

Apr 15, 2021

Amount Forgiven

$8,796.51

Date Loan was Forgiven

Oct 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

8,748

Lender

Bank Michigan

Business Detail

Business Type

Corporation

NAICS

445120

Borrower Location

Ypsilanti, MI

Project Location

Ypsilanti, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.