AMERICAN BRAKE AND CLUTCH INC. (MI) - 2020 PPP Loan Borrower Profile (# 3296048407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN BRAKE AND CLUTCH 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

3296048407

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$74,767

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$75,735.9

Date Loan was Forgiven

Jun 7, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

74,765

Lender

Northeast Bank

Business Detail

Business Type

Corporation

NAICS

336340

Borrower Location

Chesterfield, MI

Project Location

Chesterfield, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.