ALI GHAFOURI-KIA & HOOSHANG AS (GA) - 2020 PPP Loan Borrower Profile (# 7051307003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALI GHAFOURI-KIA & HOOSHANG AS. 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 Georgia.

Loan Detail

Loan Number

7051307003

SBA Office Code

0405

Processing Method

PPP

Curent Loan Amount

$425,100

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$430,685.34

Date Loan was Forgiven

Aug 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

425,100

Lender

Truist Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

441120

Borrower Location

MORROW, GA

Project Location

MORROW, GA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.