PPP Loan information for Albar industries inc.

$1,441,150

Albar industries inc. was initially approved for PPP Loan of amount $1,441,150, the current approved amount is $1,441,150. The loan was approved on 01/23/2021 by The ChoiceOne Bank reported 187 jobs and $1,441,150 was used to fund payroll.

Albar industries inc. is Existing or more than 2 years old

PPP Loan Search / MI / Lapeer / Albar industries inc.

ALBAR INDUSTRIES INC.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ALBAR INDUSTRIES INC.

Borrower Address

780 Whitney Dr

Borrower City

Lapeer

Borrower State

MI

Borrower Zip

48446-2565

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1441150.00

Current Approval Amount

1441150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lapeer

Project County Name

LAPEER

Project State

MI

Project Zip

48446-2565

CD

MI-10

Jobs Reported

187

NAICS Code

336310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1441148.00

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

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;