ANDERSON'S GLEN ARBOR MARKET, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1819967700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDERSON'S GLEN ARBOR MARKET, 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
1819967700
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$182,500
Date Loan was Approved
May 1, 2020
Amount Forgiven
$184,298.44
Date Loan was Forgiven
Apr 29, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
10,000
Payroll Proced
146,000
Mortgage Interest Proceed
2,000
Rent Proceed
20,000
Health Care Proceed
2,500
Debt Interest Proceed
2,000
Lender
JPMorgan Chase Bank, National Association

Business Detail

Business Type
Subchapter S Corporation
NAICS
445110
Borrower Location
GLEN ARBOR, MI
Project Location
GLEN ARBOR, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
300
Business Age Description
Existing or more than 2 years old
Data Source: SBA.