AKARIO SUMMERS (MI) - 2020 PPP Loan Borrower Profile (# 3890629000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKARIO SUMMERS. 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

3890629000

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$20,547

Date Loan was Approved

May 20, 2021

Amount Forgiven

$20,639.46

Date Loan was Forgiven

Nov 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,544

Lender

Prestamos CDFI, LLC

Business Detail

Business Type

Independent Contractors

NAICS

812111

Borrower Location

Detroit, MI

Project Location

Detroit, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.