AERO GRINDING, INC. (MI) - 2020 PPP Loan Borrower Profile (# 4914097309)

Updated on April 18, 2025.

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

4914097309

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$669,300

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$674,338.34

Date Loan was Forgiven

Feb 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

535,486

Mortgage Interest Proceed

133,814

Lender

Comerica Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423830

Borrower Location

ROSEVILLE, MI

Project Location

ROSEVILLE, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.