AMERICAN INDUSTRIAL, INC. (MI) - 2020 PPP Loan Borrower Profile (# 2766137208)

Updated on April 18, 2025.

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

2766137208

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$367,467

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$369,767.35

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,793

Payroll Proced

306,870

Mortgage Interest Proceed

Rent Proceed

7,440

Refinance EIDL Proceed

Health Care Proceed

45,641

Debt Interest Proceed

3,723

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

811219

Borrower Location

WARREN, MI

Project Location

WARREN, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.