AMERICAN COLLEGIATE MARKETING, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1929547704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN COLLEGIATE MARKETING, 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

1929547704

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$255,837

Date Loan was Approved

May 1, 2020

Amount Forgiven

$258,908.32

Date Loan was Forgiven

Jul 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

14,000

Payroll Proced

183,837

Rent Proceed

39,000

Health Care Proceed

19,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

454111

Borrower Location

OKEMOS, MI

Project Location

OKEMOS, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.