ASHTON TECHNOLOGIES INC (MI) - 2020 PPP Loan Borrower Profile (# 1490577705)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASHTON TECHNOLOGIES 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

1490577705

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$250,845

Date Loan was Approved

May 1, 2020

Amount Forgiven

$248,442.53

Date Loan was Forgiven

Jul 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

190,348

Rent Proceed

500

Health Care Proceed

59,997

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541330

Borrower Location

WARREN, MI

Project Location

WARREN, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.