AJS SALES INC (MI) - 2020 PPP Loan Borrower Profile (# 1645217708)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AJS SALES 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

1645217708

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$22,500

Date Loan was Approved

May 1, 2020

Amount Forgiven

$22,699.67

Date Loan was Forgiven

Mar 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

100

Payroll Proced

21,000

Rent Proceed

600

Health Care Proceed

800

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

999990

Borrower Location

GRANDVILLE, MI

Project Location

GRANDVILLE, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.