PPP Loan information for Albrech auction service, llc

$241,212

Albrech auction service, llc was initially approved for PPP Loan of amount $241,212, the current approved amount is $241,212. The loan was approved on 04/29/2020 by The Frankenmuth CU reported 34 jobs and $241,212 was used to fund payroll.

Albrech auction service, llc is Existing or more than 2 years old

PPP Loan Search / MI / VASSAR / Albrech auction service, llc

ALBRECH AUCTION SERVICE, LLC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALBRECH AUCTION SERVICE, LLC

Borrower Address

875 STATE RD P.O. Box 50

Borrower City

VASSAR

Borrower State

MI

Borrower Zip

48768-9116

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241212.00

Current Approval Amount

241212.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VASSAR

Project County Name

TUSCOLA

Project State

MI

Project Zip

48768-9116

CD

MI-05

Jobs Reported

34

NAICS Code

561990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

192000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9212.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

243075.61

Forgiveness Date

02/19/2021

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