ALI SHAMS MD PLC (MI) - 2020 PPP Loan Borrower Profile (# 2258649008)

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

2258649008

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$27,080

Date Loan was Approved

May 15, 2021

Amount Forgiven

$27,209.84

Date Loan was Forgiven

Nov 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

27,080

Lender

State Bank of Texas

Business Detail

Business Type

Corporation

NAICS

541990

Borrower Location

Bloomfield Hills, MI

Project Location

Bloomfield Hills, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.