PPP Loan information for Alva inc

$424,356

Alva inc was initially approved for PPP Loan of amount $424,356, the current approved amount is $424,356. The loan was approved on 01/28/2021 by The Commercial Bank reported 126 jobs and $424,356 was used to fund payroll.

Alva inc is Existing or more than 2 years old

PPP Loan Search / MI / Canton / Alva inc

ALVA INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ALVA INC

Borrower Address

44401 Ford Rd

Borrower City

Canton

Borrower State

MI

Borrower Zip

48187-2964

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

424355.72

Current Approval Amount

424355.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2964

CD

MI-06

Jobs Reported

126

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

424353.72

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

428727.17

Forgiveness Date

02/16/2022

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