A E C ENTERPRISES INC DBA HERALD CLEANERS (MI) - 2020 PPP Loan Borrower Profile (# 9927168304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A E C ENTERPRISES INC DBA HERALD CLEANERS. 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

9927168304

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$16,822

Date Loan was Approved

Jan 31, 2021

Amount Forgiven

$16,953.43

Date Loan was Forgiven

Nov 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

16,818

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

812320

Borrower Location

Lake Orion, MI

Project Location

Lake Orion, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.