ADHEZION, INC. (MI) - 2020 PPP Loan Borrower Profile (# 2583367705)

Updated on April 18, 2025.

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

2583367705

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$679,197.5

Date Loan was Approved

May 1, 2020

Amount Forgiven

$683,671.9

Date Loan was Forgiven

Dec 30, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

32,240

Payroll Proced

542,353

Rent Proceed

56,154

Health Care Proceed

38,923.5

Debt Interest Proceed

9,527

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

423840

Borrower Location

Rockford, MI

Project Location

Rockford, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.