ACEMCO INCORPORATED (MI) - 2020 PPP Loan Borrower Profile (# 7054868401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACEMCO INCORPORATED. 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

7054868401

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

Feb 11, 2021

Amount Forgiven

$2,020,931.51

Date Loan was Forgiven

Mar 22, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,998

Lender

The Huntington National Bank

Business Detail

Business Type

Corporation

NAICS

336370

Borrower Location

Norton Shores, MI

Project Location

Norton Shores, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

190

Business Age Description

Existing or more than 2 years old

Data Source: SBA.