ADA VALLEY MEAT CO., INC. (MI) - 2020 PPP Loan Borrower Profile (# 6912837105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADA VALLEY MEAT CO., 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

6912837105

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$372,570

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$377,216.78

Date Loan was Forgiven

Jul 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

41,715

Payroll Proced

270,684

Health Care Proceed

60,171

Lender

United Bank of Michigan

Business Detail

Business Type

Corporation

NAICS

311612

Borrower Location

ADA, MI

Project Location

ADA, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.