ASHLEY SMITH INSURANCE AGENCY INC (MI) - 2020 PPP Loan Borrower Profile (# 3253257110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASHLEY SMITH INSURANCE AGENCY 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

3253257110

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$38,530

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$38,842.46

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

38,530

Lender

The Huntington National Bank

Business Detail

Business Type

Corporation

NAICS

524210

Borrower Location

TEMPERANCE, MI

Project Location

TEMPERANCE, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.