ADAPTIVE ENERGY, LLC (MI) - 2020 PPP Loan Borrower Profile (# 8193687110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAPTIVE ENERGY, 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

8193687110

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$362,500

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$367,887.96

Date Loan was Forgiven

Oct 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

280,000

Mortgage Interest Proceed

Rent Proceed

50,000

Refinance EIDL Proceed

Health Care Proceed

22,500

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

335999

Borrower Location

ANN ARBOR, MI

Project Location

ANN ARBOR, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.