PPP Loan information for Alm properties inc

$122,872

Alm properties inc was initially approved for PPP Loan of amount $122,872, the current approved amount is $122,872. The loan was approved on 04/07/2020 by The Frankenmuth CU reported 48 jobs and $122,872 was used to fund payroll.

Alm properties inc is Existing or more than 2 years old

ALM PROPERTIES INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALM PROPERTIES INC

Borrower Address

570 S. MAIN ST

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1618

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122872.00

Current Approval Amount

122872.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1618

CD

MI-04

Jobs Reported

48

NAICS Code

313110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

98298.00

Mortgage Interest Proceed

8574.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

123572.20

Forgiveness Date

11/12/2020

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