ASKAR MANAGEMENT GROUP, LLC (MI) - 2020 PPP Loan Borrower Profile (# 6125637105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASKAR MANAGEMENT GROUP, 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

6125637105

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$208,800

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$211,607.2

Date Loan was Forgiven

Aug 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

156,600

Rent Proceed

52,200

Lender

Deerwood Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

551112

Borrower Location

WALLED LAKE, MI

Project Location

WALLED LAKE, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.