AARON LAWRENCE (MI) - 2020 PPP Loan Borrower Profile (# 5861247905)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AARON LAWRENCE. 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

5861247905

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$20,583.34

Date Loan was Approved

Jun 16, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

41 Months

Utilities Proced

2,572.92

Payroll Proced

15,437.5

Mortgage Interest Proceed

2,572.92

Lender

Celtic Bank Corporation

Business Detail

Business Type

Sole Proprietorship

NAICS

485999

Borrower Location

Inkster, MI

Project Location

Inkster, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.