AUSABLE TOWING INC (MI) - 2020 PPP Loan Borrower Profile (# 3441097303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUSABLE TOWING 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

3441097303

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$51,675

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$51,956.6

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,584

Payroll Proced

38,756

Mortgage Interest Proceed

10,335

Lender

Northland Area FCU

Business Detail

Business Type

Corporation

NAICS

488410

Borrower Location

Grayling, MI

Project Location

Grayling, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.