AL IKHLAS TRAINING ACADEMY (MI) - 2020 PPP Loan Borrower Profile (# 9218327403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AL IKHLAS TRAINING ACADEMY. 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

9218327403

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$88,800

Date Loan was Approved

May 19, 2020

Amount Forgiven

$64,305.43

Date Loan was Forgiven

Sep 17, 2021

Loan Status

Exemption 4

Loan Term

59 Months

Payroll Proced

88,800

Lender

PNC Bank, National Association

Business Detail

Business Type

Non-Profit Organization

NAICS

611110

Borrower Location

DETROIT, MI

Project Location

DETROIT, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.