PPP Loan information for Alternative engineering, inc.

$259,502

Alternative engineering, inc. was initially approved for PPP Loan of amount $285,387, the current approved amount is $259,502. The loan was approved on 04/13/2020 by The Adventure CU reported 22 jobs and $259,502 was used to fund payroll.

Alternative engineering, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Belmont / Alternative engineering, inc.

ALTERNATIVE ENGINEERING, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALTERNATIVE ENGINEERING, INC.

Borrower Address

5670 West River Dr NE

Borrower City

Belmont

Borrower State

MI

Borrower Zip

49306

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285387.00

Current Approval Amount

259502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99179

Servicing Lender Name

Adventure CU

Servicing Lender Address

630 32nd St

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49548-2306

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belmont

Project County Name

KENT

Project State

MI

Project Zip

49306-0001

CD

MI-03

Jobs Reported

22

NAICS Code

541715

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

259502.00

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

99179

Originating Lender

Adventure CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262774.61

Forgiveness Date

07/21/2021

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