ABII LLC (MI) - 2020 PPP Loan Borrower Profile (# 5201578410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABII 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

5201578410

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$634,300

Date Loan was Approved

Feb 8, 2021

Amount Forgiven

$636,871.96

Date Loan was Forgiven

Jul 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

634,296

Lender

Macatawa Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Grand Rapids, MI

Project Location

Grand Rapids, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.