PPP Loan information for Alma autosales company, inc

$197,000

Alma autosales company, inc was initially approved for PPP Loan of amount $197,000, the current approved amount is $197,000. The loan was approved on 04/07/2020 by The Isabella Bank reported 31 jobs and $197,000 was used to fund payroll.

Alma autosales company, inc is Existing or more than 2 years old

PPP Loan Search / MI / ALMA / Alma autosales company, inc

ALMA AUTOSALES COMPANY, INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALMA AUTOSALES COMPANY, INC

Borrower Address

2051 W MONROE RD

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-9762

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197000.00

Current Approval Amount

197000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-9762

CD

MI-02

Jobs Reported

31

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4250.00

Payroll Proceed

147750.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199229.07

Forgiveness Date

06/03/2021

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