ADOPTION ASSOCIATES INC. (MI) - 2020 PPP Loan Borrower Profile (# 8461248601)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADOPTION ASSOCIATES 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

8461248601

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$172,900

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$174,501.1

Date Loan was Forgiven

Mar 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

172,898

Lender

Macatawa Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

624110

Borrower Location

Jenison, MI

Project Location

Jenison, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.