A PLUS INDUSTRIES, INC. (MI) - 2020 PPP Loan Borrower Profile (# 2878517307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A PLUS INDUSTRIES, 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

2878517307

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$256,300

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$259,649.45

Date Loan was Forgiven

Aug 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

256,300

Lender

Northeast Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236220

Borrower Location

Newberry, MI

Project Location

Newberry, 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.