AROBOTECH SYSTEMS INC. (MI) - 2020 PPP Loan Borrower Profile (# 7259788906)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AROBOTECH SYSTEMS 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

7259788906

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$340,900

Date Loan was Approved

May 7, 2021

Amount Forgiven

$342,860.17

Date Loan was Forgiven

Dec 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

340,900

Lender

Comerica Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

333515

Borrower Location

Madison Heights, MI

Project Location

Madison Heights, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.