ARCADIA MARINE, INC. (MI) - 2020 PPP Loan Borrower Profile (# 9221137101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCADIA MARINE, 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

9221137101

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$28,835

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$29,136.17

Date Loan was Forgiven

Apr 28, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,883

Payroll Proced

21,627

Rent Proceed

4,325

Lender

Honor Bank

Business Detail

Business Type

Corporation

NAICS

441222

Borrower Location

ARCADIA, MI

Project Location

ARCADIA, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.