ACTRON SECURITY ALARMS SYSTEMS INC. (MI) - 2020 PPP Loan Borrower Profile (# 3348168302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTRON SECURITY ALARMS SYSTEMS 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

3348168302

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$243,520

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$245,096.12

Date Loan was Forgiven

Sep 21, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

243,519

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

423610

Borrower Location

Lincoln Park, MI

Project Location

Lincoln Park, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.