AHB TOOL & MACHINERY LLC (MI) - 2020 PPP Loan Borrower Profile (# 1681488309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AHB TOOL & MACHINERY 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

1681488309

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$1,014,140

Date Loan was Approved

Jan 19, 2021

Amount Forgiven

$1,019,886.79

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

1,014,140

Lender

1st State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423830

Borrower Location

Saginaw, MI

Project Location

Saginaw, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.