29 STRAND, INC. (MI) - 2020 PPP Loan Borrower Profile (# 5707777107)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 29 STRAND, INC.. 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
5707777107
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$177,600
Date Loan was Approved
Apr 13, 2020
Amount Forgiven
$179,405.19
Date Loan was Forgiven
May 19, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
177,600
Lender
Readycap Lending, LLC
Business Detail
Business Type
Sole Proprietorship
NAICS
562119
Borrower Location
Pleasant Ridge, MI
Project Location
Pleasant Ridge, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
22
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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