AEROSPACE RISK MANAGEMENT GROUP, INC (MI) - 2020 PPP Loan Borrower Profile (# 4998937210)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AEROSPACE RISK MANAGEMENT GROUP, 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
4998937210
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$76,200
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$77,085.17
Date Loan was Forgiven
Jun 30, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
500
Payroll Proced
68,460
Mortgage Interest Proceed
0
Rent Proceed
7,240
Refinance EIDL Proceed
0
Lender
Michigan State University FCU
Business Detail
Business Type
Corporation
NAICS
524210
Borrower Location
Grand Ledge, MI
Project Location
Grand Ledge, MI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
8
Business Age Description
Existing or more than 2 years old
Data Source: SBA.