AMERICARE, LLC (MI) - 2020 PPP Loan Borrower Profile (# 1151287402)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMERICARE, LLC. 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
1151287402
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$144,745
Date Loan was Approved
May 4, 2020
Amount Forgiven
$146,466.9
Date Loan was Forgiven
Jul 19, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
300
Payroll Proced
128,445
Mortgage Interest Proceed
0
Rent Proceed
16,000
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
621610
Borrower Location
NORTHVILLE, MI
Project Location
NORTHVILLE, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
30
Business Age Description
Existing or more than 2 years old
Data Source: SBA.