MICHAEL I. SILVERMAN P.A. (DE) - 2020 PPP Loan Borrower Profile (# 4574208402)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to MICHAEL I. SILVERMAN P.A.. 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 Delaware.
Loan Detail
Loan Number
4574208402
SBA Office Code
0341
Processing Method
PPS
Curent Loan Amount
$341,494
Date Loan was Approved
Feb 6, 2021
Amount Forgiven
$325,461.84
Date Loan was Forgiven
Jul 25, 2023
Loan Status
Charged Off
Loan Term
25 Months
Payroll Proced
341,493
Lender
Customers Bank
Business Detail
Business Type
Professional Association
NAICS
541110
Borrower Location
Wilmington, DE
Project Location
Wilmington, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
18
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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