APOTHICA TEAS LLC (MI) - 2020 PPP Loan Borrower Profile (# 5031548201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APOTHICA TEAS 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

5031548201

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$7,900

Date Loan was Approved

Aug 7, 2020

Amount Forgiven

$7,959.91

Date Loan was Forgiven

May 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

7,900

Lender

1st Source Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722515

Borrower Location

Niles, MI

Project Location

Niles, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.