AMERICAN SMALL BUSINESS DEVELOPMENT ASSOCIATION ASBDA INC. (MI) - 2020 PPP Loan Borrower Profile (# 3190088802)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN SMALL BUSINESS DEVELOPMENT ASSOCIATION ASBDA 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

3190088802

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$61,418

Date Loan was Approved

Apr 14, 2021

Amount Forgiven

$61,673.77

Date Loan was Forgiven

Sep 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

61,416

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

813910

Borrower Location

Waterford, MI

Project Location

Waterford, 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.