AERO INC (MI) - 2020 PPP Loan Borrower Profile (# 8662208509)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AERO 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
8662208509
SBA Office Code
0515
Processing Method
PPS
Curent Loan Amount
$207,480
Date Loan was Approved
Mar 10, 2021
Amount Forgiven
$208,912.46
Date Loan was Forgiven
Nov 22, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
207,478
Lender
Independent Bank

Business Detail

Business Type
Corporation
NAICS
326121
Borrower Location
Walled Lake, MI
Project Location
Walled Lake, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
14
Business Age Description
Existing or more than 2 years old
Data Source: SBA.