ALGONAC ACTION AUTO PARTS, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1327147803)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALGONAC ACTION AUTO PARTS, 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

1327147803

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$11,327

Date Loan was Approved

May 1, 2020

Amount Forgiven

$11,497.85

Date Loan was Forgiven

Nov 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

11,327

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

441310

Borrower Location

ALGONAC, MI

Project Location

ALGONAC, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.