AL-SHEIKH, INC. (MI) - 2020 PPP Loan Borrower Profile (# 8567607201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AL-SHEIKH, 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

8567607201

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$55,300

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$55,794.63

Date Loan was Forgiven

Mar 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,400

Payroll Proced

32,900

Rent Proceed

14,000

Lender

Waterford Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

445310

Borrower Location

CLARKSTON, MI

Project Location

CLARKSTON, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.