PPP Loan information for Alloy exchange, inc.

$473,188

Alloy exchange, inc. was initially approved for PPP Loan of amount $473,188, the current approved amount is $473,188. The loan was approved on 04/27/2020 by The Mercantile Bank reported 39 jobs and $473,188 was used to fund payroll.

Alloy exchange, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ROCKFORD / Alloy exchange, inc.

ALLOY EXCHANGE, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALLOY EXCHANGE, INC.

Borrower Address

300 ROCKFORD PARK DR NE

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-7818

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473187.50

Current Approval Amount

473187.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

KENT

Project State

MI

Project Zip

49341-7818

CD

MI-03

Jobs Reported

39

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

380000.00

Mortgage Interest Proceed

0.00

Rent Proceed

63787.50

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

2400

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

475909.95

Forgiveness Date

11/27/2020

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