AFI TRADE INC (MI) - 2020 PPP Loan Borrower Profile (# 7088167209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFI TRADE 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

7088167209

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$30,300

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$30,557.34

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

30,300

Lender

Live Oak Banking Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

448130

Borrower Location

Troy, MI

Project Location

Troy, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.