ALBERT REED (MI) - 2020 PPP Loan Borrower Profile (# 4316898200)

Updated on April 18, 2025.

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

4316898200

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$10,634

Date Loan was Approved

Aug 6, 2020

Amount Forgiven

$10,717.32

Date Loan was Forgiven

May 26, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

10,634

Lender

Kabbage, Inc.

Business Detail

Business Type

Self-Employed Individuals

NAICS

423860

Borrower Location

Clinton township, MI

Project Location

Clinton township, 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.