PPP Loan information for Acorn industries, inc.

$532,136

Acorn industries, inc. was initially approved for PPP Loan of amount $532,136, the current approved amount is $532,136. The loan was approved on 04/28/2020 by The Oxford Bank reported 53 jobs and $532,136 was used to fund payroll.

Acorn industries, inc. is Existing or more than 2 years old

ACORN INDUSTRIES, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACORN INDUSTRIES, INC.

Borrower Address

11844 BROOKFIELD ST

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48150-1701

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

532135.95

Current Approval Amount

532135.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1701

CD

MI-12

Jobs Reported

53

NAICS Code

336111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

532135.95

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

538004.23

Forgiveness Date

06/08/2021

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