ABILITY WORKS REHAB SERVICES, LLC (MI) - 2020 PPP Loan Borrower Profile (# 2717307204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABILITY WORKS REHAB SERVICES, 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

2717307204

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$823,627

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$832,057.28

Date Loan was Forgiven

Apr 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,526

Payroll Proced

740,887

Mortgage Interest Proceed

Rent Proceed

8,000

Refinance EIDL Proceed

Health Care Proceed

65,214

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

621610

Borrower Location

FARMINGTON HILLS, MI

Project Location

FARMINGTON HILLS, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.