ACCURATE AUTOMOTIVE ENGINES, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1931277106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCURATE AUTOMOTIVE ENGINES, 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

1931277106

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$158,076

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$159,054.77

Date Loan was Forgiven

Dec 4, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

126,000

Rent Proceed

20,000

Health Care Proceed

12,076

Lender

Frankenmuth CU

Business Detail

Business Type

Corporation

NAICS

811118

Borrower Location

GRANDVILLE, MI

Project Location

GRANDVILLE, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.