PPP Loan information for Alcona tool and machine inc.

$228,600

Alcona tool and machine inc. was initially approved for PPP Loan of amount $228,600, the current approved amount is $228,600. The loan was approved on 03/17/2021 by The Huron Community Bank reported 18 jobs and $228,600 was used to fund payroll.

Alcona tool and machine inc. is Existing or more than 2 years old

PPP Loan Search / MI / Harrisville / Alcona tool and machine inc.

ALCONA TOOL AND MACHINE INC.

Date Approved

03/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ALCONA TOOL AND MACHINE INC.

Borrower Address

3040 E Carbide Dr

Borrower City

Harrisville

Borrower State

MI

Borrower Zip

48740-9610

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

228600.00

Current Approval Amount

228600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34506

Servicing Lender Name

Huron Community Bank

Servicing Lender Address

301 Newman St

Servicing Lender City

EAST TAWAS

Servicing Lender State

MI

Servicing Lender Zip

48730-1213

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Harrisville

Project County Name

ALCONA

Project State

MI

Project Zip

48740-9610

CD

MI-01

Jobs Reported

18

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

228598.00

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

Corporation

Originating Lender Location Id

34506

Originating Lender

Huron Community Bank

Originating Lender City

EAST TAWAS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230009.70

Forgiveness Date

10/27/2021

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