ALAA PETROLEUM INC. (MI) - 2020 PPP Loan Borrower Profile (# 3359278502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAA PETROLEUM 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

3359278502

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$7,397

Date Loan was Approved

Feb 23, 2021

Amount Forgiven

$7,448.16

Date Loan was Forgiven

Nov 5, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

7,390

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

447110

Borrower Location

Warren, MI

Project Location

Warren, 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.