ARVCO CONTAINER CORPORATION (MI) - 2020 PPP Loan Borrower Profile (# 8362417308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARVCO CONTAINER CORPORATION. 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

8362417308

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$2,303,891

Date Loan was Approved

May 1, 2020

Amount Forgiven

$2,332,803.55

Date Loan was Forgiven

Aug 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

80,798

Payroll Proced

1,866,152

Mortgage Interest Proceed

Rent Proceed

356,941

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

322211

Borrower Location

Kalamazoo, MI

Project Location

Kalamazoo, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

187

Business Age Description

Existing or more than 2 years old

Data Source: SBA.