PPP Loan information for Alb management inc

$80,980

Alb management inc was initially approved for PPP Loan of amount $80,980, the current approved amount is $80,980. The loan was approved on 01/20/2021 by The Mercantile Bank reported 28 jobs and $80,980 was used to fund payroll.

Alb management inc is Existing or more than 2 years old

PPP Loan Search / MI / Alma / Alb management inc

ALB MANAGEMENT INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ALB MANAGEMENT INC

Borrower Address

2400 W Monroe Rd

Borrower City

Alma

Borrower State

MI

Borrower Zip

48801-9308

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80979.50

Current Approval Amount

80979.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alma

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-9308

CD

MI-02

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

80974.50

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

81733.83

Forgiveness Date

12/28/2021

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