ANDERSON BUILDING MATERIALS COMPANY (MI) - 2020 PPP Loan Borrower Profile (# 9224997009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDERSON BUILDING MATERIALS COMPANY. 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
9224997009
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$333,371
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$336,321.11
Date Loan was Forgiven
Mar 18, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
33,337.1
Payroll Proced
266,696.8
Mortgage Interest Proceed
33,337.1
Lender
Horizon Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
332312
Borrower Location
SAINT JOSEPH, MI
Project Location
SAINT JOSEPH, MI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
28
Business Age Description
Existing or more than 2 years old
Data Source: SBA.