8 MILE METALS, LLC DBA SOLEY METAL (MI) - 2020 PPP Loan Borrower Profile (# 2407047704)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 8 MILE METALS, LLC DBA SOLEY METAL. 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

2407047704

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$35,137

Date Loan was Approved

May 1, 2020

Amount Forgiven

$35,590.38

Date Loan was Forgiven

Aug 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

35,137

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332312

Borrower Location

DETROIT, MI

Project Location

DETROIT, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.