AIR DALE EXPRESS INC (MI) - 2020 PPP Loan Borrower Profile (# 3239227704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIR DALE EXPRESS 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
3239227704
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$150,000
Date Loan was Approved
May 1, 2020
Amount Forgiven
$151,343.42
Date Loan was Forgiven
Mar 29, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
600
Payroll Proced
120,000
Rent Proceed
10,000
Refinance EIDL Proceed
17,400
Health Care Proceed
1,000
Debt Interest Proceed
1,000
Lender
JPMorgan Chase Bank, National Association

Business Detail

Business Type
Corporation
NAICS
561439
Borrower Location
VASSAR, MI
Project Location
VASSAR, MI
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
16
Business Age Description
Existing or more than 2 years old
Data Source: SBA.