AEL-SPAN, LLC (MI) - 2020 PPP Loan Borrower Profile (# 9545277006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AEL-SPAN, 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

9545277006

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$2,312,015

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$2,339,116.95

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

100,000

Payroll Proced

1,849,612

Rent Proceed

362,403

Lender

First Foundation Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

493110

Borrower Location

BELLEVILLE, MI

Project Location

BELLEVILLE, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

301

Business Age Description

Existing or more than 2 years old

Data Source: SBA.