AKER EL-BEY (MI) - 2020 PPP Loan Borrower Profile (# 6973978907)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKER EL-BEY. 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

6973978907

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$8,333.33

Date Loan was Approved

May 5, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

44 Months

Payroll Proced

8,333.33

Lender

Highpoint Community Bank

Business Detail

Business Type

Self-Employed Individuals

NAICS

236118

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.