AMERICAN EAGLE LIFECARE CORPORATION (MI) - 2020 PPP Loan Borrower Profile (# 7655607207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN EAGLE LIFECARE CORPORATION. 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

7655607207

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$7,554,400

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$7,637,918.09

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

388,600

Payroll Proced

5,665,800

Rent Proceed

1,500,000

Lender

Central Bank & Trust Co.

Business Detail

Business Type

Non-Profit Organization

NAICS

623110

Borrower Location

ANN ARBOR, MI

Project Location

ANN ARBOR, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

500

Business Age Description

Existing or more than 2 years old

Data Source: SBA.