ANCHOR BAY MANAGEMENT LLC (MI) - 2020 PPP Loan Borrower Profile (# 7553087009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANCHOR BAY MANAGEMENT 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

7553087009

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$283,900

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$287,423.47

Date Loan was Forgiven

Jul 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

283,900

Lender

Eastern Michigan Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541320

Borrower Location

SAINT CLAIR, MI

Project Location

SAINT CLAIR, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.