AKER, INC (MI) - 2020 PPP Loan Borrower Profile (# 5097367202)

Updated on April 18, 2025.

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

5097367202

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$167,100

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$168,226.21

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

167,100

Lender

Century Bank and Trust

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

COLDWATER, MI

Project Location

COLDWATER, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.