AEES POWER SYSTEMS LIMITED PARTNERSHIP (MI) - 2020 PPP Loan Borrower Profile (# 1972607105)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AEES POWER SYSTEMS LIMITED PARTNERSHIP. 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
1972607105
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$246,822
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$250,067.3
Date Loan was Forgiven
Aug 9, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
10,000
Payroll Proced
216,822
Mortgage Interest Proceed
20,000
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
0
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Partnership
NAICS
336320
Borrower Location
Farmington Hills, MI
Project Location
Farmington Hills, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
22
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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