AITKEN AND ORMOND INSURANCE, INC. (MI) - 2020 PPP Loan Borrower Profile (# 6124817207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AITKEN AND ORMOND INSURANCE, 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

6124817207

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$145,500

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$146,858

Date Loan was Forgiven

Apr 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

116,424

Mortgage Interest Proceed

29,076

Lender

Comerica Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

Chesterfield, MI

Project Location

Chesterfield, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.