AUTO ELECTRIC INTERNATIONAL, INC. (MI) - 2020 PPP Loan Borrower Profile (# 8468797206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTO ELECTRIC INTERNATIONAL, 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

8468797206

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$247,887.5

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$251,276.43

Date Loan was Forgiven

Sep 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

247,887.5

Refinance EIDL Proceed

Lender

The Huntington National Bank

Business Detail

Business Type

Corporation

NAICS

336320

Borrower Location

southfield, MI

Project Location

southfield, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.