616 FIT LLC (MI) - 2020 PPP Loan Borrower Profile (# 1163527802)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 616 FIT LLC. 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

1163527802

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$25,250

Date Loan was Approved

May 1, 2020

Amount Forgiven

$25,438.67

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

25,250

Lender

Fifth Third Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

999990

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.