ARBOR SPRINGS WATER COMPANY (MI) - 2020 PPP Loan Borrower Profile (# 7504547205)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARBOR SPRINGS WATER COMPANY. 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

7504547205

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$146,495

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$147,795.39

Date Loan was Forgiven

Mar 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

146,495

Lender

First Merchants Bank

Business Detail

Business Type

Corporation

NAICS

221310

Borrower Location

ANN ARBOR, MI

Project Location

ANN ARBOR, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.