PPP Loan information for Alternate number five inc

$1,359,130

Alternate number five inc was initially approved for PPP Loan of amount $1,359,130, the current approved amount is $1,359,130. The loan was approved on 02/06/2021 by The Mercantile Bank reported 116 jobs and $1,359,130 was used to fund payroll.

Alternate number five inc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Haven / Alternate number five inc

ALTERNATE NUMBER FIVE INC

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ALTERNATE NUMBER FIVE INC

Borrower Address

11095 W Olive Rd

Borrower City

Grand Haven

Borrower State

MI

Borrower Zip

49417-9682

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1359130.00

Current Approval Amount

1359130.00

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

Grand Haven

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-9682

CD

MI-03

Jobs Reported

116

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1359127.00

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

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

1370933.95

Forgiveness Date

12/23/2021

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