AMG OPERATIONS LLC (MI) - 2020 PPP Loan Borrower Profile (# 8760207005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMG OPERATIONS 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

8760207005

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$738,617

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$744,141.45

Date Loan was Forgiven

Jan 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

33,065

Payroll Proced

553,963

Rent Proceed

151,589

Lender

Mercantile Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332710

Borrower Location

ADA, MI

Project Location

ADA, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.