AMERICA'S PREFERRED SERVICE CONTRACT ADMINISTRATION, INC. (MI) - 2020 PPP Loan Borrower Profile (# 3094737702)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICA'S PREFERRED SERVICE CONTRACT ADMINISTRATION, 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

3094737702

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$2,929,454

Date Loan was Approved

May 1, 2020

Amount Forgiven

$2,969,008.14

Date Loan was Forgiven

Sep 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

11,323

Payroll Proced

2,584,909

Rent Proceed

84,555

Health Care Proceed

248,667

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

Borrower Location

Jackson, MI

Project Location

Jackson, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

223

Business Age Description

New Business or 2 years or less

Data Source: SBA.