PPP Loan information for Alderman's inc

$260,600

Alderman's inc was initially approved for PPP Loan of amount $260,600, the current approved amount is $260,600. The loan was approved on 04/12/2020 by The Commercial Bank reported 20 jobs and $260,600 was used to fund payroll.

Alderman's inc is Existing or more than 2 years old

PPP Loan Search / MI / LENNON / Alderman's inc

ALDERMAN'S INC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALDERMAN'S INC

Borrower Address

1380 S M 13

Borrower City

LENNON

Borrower State

MI

Borrower Zip

48449-9310

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260600.00

Current Approval Amount

260600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LENNON

Project County Name

SHIAWASSEE

Project State

MI

Project Zip

48449-9310

CD

MI-05

Jobs Reported

20

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4100.00

Payroll Proceed

195500.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45000.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262606.26

Forgiveness Date

01/28/2021

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