PPP Loan information for Alpine electric corp

$508,383

Alpine electric corp was initially approved for PPP Loan of amount $508,383, the current approved amount is $508,383. The loan was approved on 01/23/2021 by The Independent Bank reported 33 jobs and $508,383 was used to fund payroll.

Alpine electric corp is Existing or more than 2 years old

ALPINE ELECTRIC CORP

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ALPINE ELECTRIC CORP

Borrower Address

1670 Barlow St

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49686-4794

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

508383.00

Current Approval Amount

508383.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-4794

CD

MI-01

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

508378.00

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

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510597.60

Forgiveness Date

07/14/2021

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