ADRIAN INSURANCE AGENCY, INC (MI) - 2020 PPP Loan Borrower Profile (# 5005128200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADRIAN INSURANCE AGENCY, 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

5005128200

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$45,088.1

Date Loan was Approved

Aug 7, 2020

Amount Forgiven

$45,379.92

Date Loan was Forgiven

Apr 5, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

2,254.4

Payroll Proced

36,070.48

Rent Proceed

6,763.22

Lender

County National Bank

Business Detail

Business Type

Corporation

NAICS

524210

Borrower Location

ADRIAN, MI

Project Location

ADRIAN, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.