ABSORBENTS MIDWEST, INC. (MI) - 2020 PPP Loan Borrower Profile (# 7741387002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSORBENTS MIDWEST, 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

7741387002

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$76,200

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$76,646.62

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

76,200

Lender

CIBC Bank USA

Business Detail

Business Type

Subchapter S Corporation

NAICS

423840

Borrower Location

SAINT CLAIR SHORES, MI

Project Location

SAINT CLAIR SHORES, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.