ACE GRINDING & MACHINE (MI) - 2020 PPP Loan Borrower Profile (# 1002957801)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE GRINDING & MACHINE. 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
1002957801
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$154,780
Date Loan was Approved
May 1, 2020
Amount Forgiven
$156,395.65
Date Loan was Forgiven
May 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
154,780
Lender
The Huntington National Bank

Business Detail

Business Type
Corporation
NAICS
336412
Borrower Location
Walled Lake, MI
Project Location
Walled Lake, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
13
Business Age Description
Unanswered
Data Source: SBA.