PPP Loan information for Altron automation, inc.

$2,562,000

Altron automation, inc. was initially approved for PPP Loan of amount $2,562,000, the current approved amount is $2,562,000. The loan was approved on 04/08/2020 by The West Michigan Community Bank reported 171 jobs and $2,562,000 was used to fund payroll.

Altron automation, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Hudsonville / Altron automation, inc.

ALTRON AUTOMATION, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALTRON AUTOMATION, INC.

Borrower Address

3523 Highland Drive

Borrower City

Hudsonville

Borrower State

MI

Borrower Zip

49426-1916

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2562000.00

Current Approval Amount

2562000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudsonville

Project County Name

OTTAWA

Project State

MI

Project Zip

49426-1916

CD

MI-02

Jobs Reported

171

NAICS Code

333922

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2562000.00

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

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2591036.00

Forgiveness Date

05/24/2021

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