AKC, INC (MI) - 2020 PPP Loan Borrower Profile (# 1643597408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKC, 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

1643597408

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$66,196.77

Date Loan was Approved

May 4, 2020

Amount Forgiven

$66,619.69

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,132.77

Payroll Proced

52,214

Rent Proceed

8,850

Lender

Astera CU

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

EAST LANSING, MI

Project Location

EAST LANSING, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.