ALI MORSHED (MI) - 2020 PPP Loan Borrower Profile (# 3430649005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALI MORSHED. 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

3430649005

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$4,310

Date Loan was Approved

May 18, 2021

Amount Forgiven

$4,346.84

Date Loan was Forgiven

Mar 30, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

4,310

Lender

Benworth Capital

Business Detail

Business Type

Independent Contractors

NAICS

484121

Borrower Location

Dearborn, MI

Project Location

Dearborn, 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.