ACTION ASPHALT LLC (MI) - 2020 PPP Loan Borrower Profile (# 7035028303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION ASPHALT 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

7035028303

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$81,025.83

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$81,471.47

Date Loan was Forgiven

Aug 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

81,021.83

Lender

Lake Trust CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

237310

Borrower Location

Whitmore Lake, MI

Project Location

Whitmore Lake, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.