5831 HOFFMAN CT SW (MI) - 2020 PPP Loan Borrower Profile (# 4390187201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5831 HOFFMAN CT SW. 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

4390187201

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$16,100

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$16,265.03

Date Loan was Forgiven

May 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,012

Payroll Proced

12,075

Mortgage Interest Proceed

2,013

Lender

Lake Michigan CU

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541512

Borrower Location

Wyoming, MI

Project Location

Wyoming, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.