ACRA ENTERPRISES INC (MI) - 2020 PPP Loan Borrower Profile (# 5208598310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACRA ENTERPRISES 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

5208598310

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$52,100

Date Loan was Approved

Jan 25, 2021

Amount Forgiven

$52,398.13

Date Loan was Forgiven

Aug 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

52,100

Lender

1st Source Bank

Business Detail

Business Type

Corporation

NAICS

424920

Borrower Location

Stevensville, MI

Project Location

Stevensville, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.