626 FINANCIAL LLC (MI) - 2020 PPP Loan Borrower Profile (# 7805747003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 626 FINANCIAL 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

7805747003

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$108,625

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$109,568.4

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

86,900

Rent Proceed

21,725

Lender

Horizon Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

523930

Borrower Location

PORTAGE, MI

Project Location

PORTAGE, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.