AKILAH THOMAS (MI) - 2020 PPP Loan Borrower Profile (# 5305588908)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AKILAH THOMAS. 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

5305588908

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$20,832

Date Loan was Approved

Apr 29, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Exemption 4

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,830

Lender

Prestamos CDFI, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

624410

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.