ANGELA'S HOUSE ASSISTED LIVING LLC (MI) - 2020 PPP Loan Borrower Profile (# 8809727010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANGELA'S HOUSE ASSISTED LIVING 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

8809727010

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$53,765

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$54,488.25

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,000

Payroll Proced

43,012

Debt Interest Proceed

7,753

Lender

Mercantile Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

623312

Borrower Location

GLADWIN, MI

Project Location

GLADWIN, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.