AJ'S PAYROLL INC (MI) - 2020 PPP Loan Borrower Profile (# 1750997710)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AJ'S PAYROLL 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

1750997710

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$1,653,480

Date Loan was Approved

May 1, 2020

Amount Forgiven

$1,668,468.8

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

71,486

Payroll Proced

1,332,244

Mortgage Interest Proceed

18,750

Rent Proceed

203,000

Health Care Proceed

28,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

Borrower Location

Washington, MI

Project Location

Washington, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

298

Business Age Description

New Business or 2 years or less

Data Source: SBA.