ABBOTT FARMS (MI) - 2020 PPP Loan Borrower Profile (# 7101857101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABBOTT FARMS. 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

7101857101

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$17,500

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$17,583.13

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,500

Payroll Proced

15,000

Lender

Greenstone Farm Credit Services, ACA

Business Detail

Business Type

Sole Proprietorship

NAICS

111150

Borrower Location

RAVENNA, MI

Project Location

RAVENNA, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.