ACCRETIVE CAPITAL LLC (MI) - 2020 PPP Loan Borrower Profile (# 5081247207)

Updated on April 18, 2025.

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

5081247207

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$700,100

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$703,840.26

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

11,917

Payroll Proced

560,080

Mortgage Interest Proceed

83,203

Rent Proceed

44,900

Lender

Bank Michigan

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

519110

Borrower Location

Detroit, MI

Project Location

Detroit, 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.