ARNOLD & SAUTTER CO. INC. (MI) - 2020 PPP Loan Borrower Profile (# 5695128305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARNOLD & SAUTTER CO. 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

5695128305

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$49,905

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$50,149.74

Date Loan was Forgiven

Jul 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

49,905

Lender

Independent Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236117

Borrower Location

Bay City, MI

Project Location

Bay City, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.