ASBESTOS CONTRACTORS, INC (MI) - 2020 PPP Loan Borrower Profile (# 5150947308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASBESTOS CONTRACTORS, 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

5150947308

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$79,272

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$79,882.29

Date Loan was Forgiven

Feb 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

79,272

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

238910

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.