ASI PACKAGING CO. (MI) - 2020 PPP Loan Borrower Profile (# 2849958307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASI PACKAGING CO.. 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

2849958307

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$150,000

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$151,912.5

Date Loan was Forgiven

May 12, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

149,997

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

424690

Borrower Location

Grand Blanc, MI

Project Location

Grand Blanc, 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.