AFFORDABLE ELEGANCE CHAIR COVERS & LINENS LLC (MI) - 2020 PPP Loan Borrower Profile (# 4036308302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFFORDABLE ELEGANCE CHAIR COVERS & LINENS 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

4036308302

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$68,367.5

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$68,772.01

Date Loan was Forgiven

Aug 31, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

68,363.5

Lender

Fifth Third Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

532289

Borrower Location

Troy, MI

Project Location

Troy, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.