ALLIED ACADEMICS, LLC (MI) - 2020 PPP Loan Borrower Profile (# 7685657005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLIED ACADEMICS, LLC. 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

7685657005

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$41,200

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$41,676.34

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,456

Payroll Proced

30,900

Rent Proceed

8,844

Lender

Mercantile Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

611430

Borrower Location

ALMA, MI

Project Location

ALMA, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.