APARTMENT LOUNGE II LLC (MI) - 2020 PPP Loan Borrower Profile (# 5033837202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APARTMENT LOUNGE II 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

5033837202

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$23,100

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$23,280.31

Date Loan was Forgiven

Feb 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,888

Payroll Proced

17,325

Mortgage Interest Proceed

2,887

Lender

Lake Michigan CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722410

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.