ALI SHAMS MD PLC (MI) - 2020 PPP Loan Borrower Profile (# 1242217409)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALI SHAMS MD PLC. 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
1242217409
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$21,984
Date Loan was Approved
May 4, 2020
Amount Forgiven
$
Date Loan was Forgiven
Loan Status
Exemption 4
Loan Term
24 Months
Payroll Proced
21,984
Lender
Kabbage, Inc.
Business Detail
Business Type
Corporation
NAICS
541990
Borrower Location
CLAWSON, MI
Project Location
CLAWSON, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
New Business or 2 years or less
Data Source: SBA.