Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
ALTOGAS, INC.
Borrower Address
6040 ALDEN NASH AVE SE
Borrower City
ALTO
Borrower State
MI
Borrower Zip
49302-9762
Loan Status Date
06/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
466811.00
Current Approval Amount
413655.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36555
Servicing Lender Name
United Bank of Michigan
Servicing Lender Address
900 E Paris Ave SE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49546-3676
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
31
NAICS Code
454310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
12405.00
Payroll Proceed
330927.00
Mortgage Interest Proceed
Rent Proceed
5405.00
Refinance EIDL Proceed
Health Care Proceed
64918.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
417826.02
Forgiveness Date
05/06/2021