AG INNOVATION LLC (MI) - 2020 PPP Loan Borrower Profile (# 4269527303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AG INNOVATION 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

4269527303

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$230,400

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$231,826.59

Date Loan was Forgiven

Dec 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,080

Payroll Proced

184,320

Rent Proceed

40,000

Lender

Bank Michigan

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

333249

Borrower Location

Rochester Hills, MI

Project Location

Rochester Hills, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.