AIRCRAFT PRECISION PRODUCTS INC (MI) - 2020 PPP Loan Borrower Profile (# 4670618407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIRCRAFT PRECISION PRODUCTS 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
4670618407
SBA Office Code
0515
Processing Method
PPS
Curent Loan Amount
$879,250
Date Loan was Approved
Feb 6, 2021
Amount Forgiven
$886,163.55
Date Loan was Forgiven
Nov 26, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
879,248
Lender
Mercantile Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
336412
Borrower Location
Ithaca, MI
Project Location
Ithaca, MI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
60
Business Age Description
Existing or more than 2 years old
Data Source: SBA.