APPLETREE EDUCATION INC (MI) - 2020 PPP Loan Borrower Profile (# 1581307700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APPLETREE EDUCATION 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

1581307700

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$12,032

Date Loan was Approved

May 1, 2020

Amount Forgiven

$12,118.14

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

300

Payroll Proced

6,000

Rent Proceed

4,500

Health Care Proceed

1,232

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

611699

Borrower Location

ANN ARBOR, MI

Project Location

ANN ARBOR, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

100

Business Age Description

Existing or more than 2 years old

Data Source: SBA.