PPP Loan information for Alco plastics, inc.

$1,457,470

Alco plastics, inc. was initially approved for PPP Loan of amount $1,457,470, the current approved amount is $1,457,470. The loan was approved on 04/30/2020 by The Comerica Bank reported 161 jobs and $1,457,470 was used to fund payroll.

Alco plastics, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Romeo / Alco plastics, inc.

ALCO PLASTICS, INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALCO PLASTICS, INC.

Borrower Address

160 East Pond Drive

Borrower City

Romeo

Borrower State

MI

Borrower Zip

48065-4902

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1457470.00

Current Approval Amount

1457470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Romeo

Project County Name

MACOMB

Project State

MI

Project Zip

48065-4902

CD

MI-09

Jobs Reported

161

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1165976.00

Mortgage Interest Proceed

291494.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1465729.00

Forgiveness Date

12/10/2020

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