ADMAT MANUFACTURING INC (MI) - 2020 PPP Loan Borrower Profile (# 2013377706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADMAT MANUFACTURING 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

2013377706

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$89,407

Date Loan was Approved

May 1, 2020

Amount Forgiven

$90,190.7

Date Loan was Forgiven

Mar 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,200

Payroll Proced

63,074

Rent Proceed

10,000

Health Care Proceed

12,133

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

332510

Borrower Location

UNION, MI

Project Location

UNION, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.