A.J. INC (MI) - 2020 PPP Loan Borrower Profile (# 1030408303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A.J. 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

1030408303

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$70,245

Date Loan was Approved

Jan 16, 2021

Amount Forgiven

$70,524.06

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

70,245

Lender

Sturgis Bank & Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

Sturgis, MI

Project Location

Sturgis, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.