ADVANCED MATERIALS DESIGN LLC (MI) - 2020 PPP Loan Borrower Profile (# 7217428502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MATERIALS DESIGN LLC. 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

7217428502

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$4,192

Date Loan was Approved

Mar 5, 2021

Amount Forgiven

$4,216.88

Date Loan was Forgiven

Oct 20, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

4,192

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541690

Borrower Location

Ann Arbor, MI

Project Location

Ann Arbor, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.