ARGUS LOGISTICS LLC (MI) - 2020 PPP Loan Borrower Profile (# 4878707206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARGUS LOGISTICS 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

4878707206

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$977,652

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$983,925.27

Date Loan was Forgiven

Dec 28, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

782,122

Mortgage Interest Proceed

195,530

Lender

Comerica Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

488510

Borrower Location

Troy, MI

Project Location

Troy, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.