ACF STORES IV LLC (MI) - 2020 PPP Loan Borrower Profile (# 2541787203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACF STORES IV LLC. 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

2541787203

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$16,250

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$16,397.75

Date Loan was Forgiven

Mar 18, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

12,187

Mortgage Interest Proceed

Rent Proceed

4,063

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

451110

Borrower Location

DETROIT, MI

Project Location

DETROIT, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.