PPP Loan information for A. & l. iron and metal company

$823,600

A. & l. iron and metal company was initially approved for PPP Loan of amount $823,600, the current approved amount is $823,600. The loan was approved on 04/16/2020 by The State Savings Bank reported 90 jobs and $823,600 was used to fund payroll.

A. & l. iron and metal company is Existing or more than 2 years old

PPP Loan Search / MI / GAYLORD / A. & l. iron and metal company

A. & L. IRON AND METAL COMPANY

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

A. & L. IRON AND METAL COMPANY

Borrower Address

2000 Milbocker Rd.

Borrower City

GAYLORD

Borrower State

MI

Borrower Zip

49735-7743

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

823600.00

Current Approval Amount

823600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAYLORD

Project County Name

OTSEGO

Project State

MI

Project Zip

49735-7743

CD

MI-01

Jobs Reported

90

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38000.00

Payroll Proceed

781700.00

Mortgage Interest Proceed

0.00

Rent Proceed

3900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

828315.96

Forgiveness Date

11/20/2020

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