Amg Operations LLC

$661,307 PPP Loan in Ada, Michigan

Loan Details

Loan Number
8760207005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$661,307
Current Approval
$738,617
Forgiveness Amount
$744,141
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Amg Operations LLC
Address
460 Ada Drive, Suite 220
City
Ada
ZIP Code
49301-8437
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.0M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$553,963
Rent
$151,589
Utilities
$33,065

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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