ALBERT KING (MI) - 2020 PPP Loan Borrower Profile (# 5341648703)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERT KING. 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

5341648703

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$18,229

Date Loan was Approved

Apr 2, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

41 Months

Payroll Proced

18,229

Lender

Fountainhead SBF LLC

Business Detail

Business Type

Self-Employed Individuals

NAICS

532411

Borrower Location

Ecorse, MI

Project Location

Ecorse, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.