1099 INDEPENDENT CONTRACTOR (MI) - 2020 PPP Loan Borrower Profile (# 1050327805)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1099 INDEPENDENT CONTRACTOR. 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

1050327805

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$12,562

Date Loan was Approved

May 1, 2020

Amount Forgiven

$12,682.46

Date Loan was Forgiven

Apr 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

12,562

Lender

The Huntington National Bank

Business Detail

Business Type

Independent Contractors

NAICS

Borrower Location

Ferndale, MI

Project Location

Ferndale, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.