AGS COMPANY AUTOMOTIVE SOLUTIONS LLC (MI) - 2020 PPP Loan Borrower Profile (# 1014447101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AGS COMPANY AUTOMOTIVE SOLUTIONS 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

1014447101

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$902,745

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$914,786.62

Date Loan was Forgiven

Aug 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

29,144

Payroll Proced

719,436

Mortgage Interest Proceed

Rent Proceed

34,400

Refinance EIDL Proceed

Health Care Proceed

73,628

Debt Interest Proceed

46,137

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423120

Borrower Location

Muskegon Heights, MI

Project Location

Muskegon Heights, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.