AMERICAN MATERIAL HANDLING, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1148407204)

Updated on April 18, 2025.

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

1148407204

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$74,937.5

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$75,757.65

Date Loan was Forgiven

May 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

74,937.5

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

423840

Borrower Location

PONTIAC, MI

Project Location

PONTIAC, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.