ADDON TECHNOLOGIES INC. (MI) - 2020 PPP Loan Borrower Profile (# 2257938308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADDON TECHNOLOGIES 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

2257938308

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$1,171,070

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$1,176,813.06

Date Loan was Forgiven

Jul 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,171,066

Lender

Bank of Ann Arbor

Business Detail

Business Type

Corporation

NAICS

561320

Borrower Location

Novi, MI

Project Location

Novi, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.