AERO LIFT INCORPORATED (MI) - 2020 PPP Loan Borrower Profile (# 4178308308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AERO LIFT INCORPORATED. 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

4178308308

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$341,816.5

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$345,405.57

Date Loan was Forgiven

Feb 16, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

341,811.5

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

532412

Borrower Location

Milford, MI

Project Location

Milford, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.