AMERICAN INSTITUTIONAL MANAGEMENT SERVICES INC. (MI) - 2020 PPP Loan Borrower Profile (# 9102897310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN INSTITUTIONAL MANAGEMENT SERVICES 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

9102897310

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$581,800

Date Loan was Approved

May 1, 2020

Amount Forgiven

$586,518.16

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

581,800

Lender

Citizens Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

611710

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.