ACRA CAST, INC. (MI) - 2020 PPP Loan Borrower Profile (# 6206277302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACRA CAST, 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

6206277302

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$133,200

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$134,583.8

Date Loan was Forgiven

May 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

113,200

Rent Proceed

10,000

Lender

1st State Bank

Business Detail

Business Type

Corporation

NAICS

331524

Borrower Location

BAY CITY, MI

Project Location

BAY CITY, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.