PPP Loan information for Michigan aluminum corporation

$295,000

Michigan aluminum corporation was initially approved for PPP Loan of amount $295,000, the current approved amount is $295,000. The loan was approved on 04/10/2020 by The United Bank of Michigan reported 26 jobs and $295,000 was used to fund payroll.

Michigan aluminum corporation is Existing or more than 2 years old

PPP Loan Search / MI / WAYLAND / Michigan aluminum corporation

MICHIGAN ALUMINUM CORPORATION

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN ALUMINUM CORPORATION

Borrower Address

3151 10TH ST PO Box 402

Borrower City

WAYLAND

Borrower State

MI

Borrower Zip

49348-9537

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295000.00

Current Approval Amount

295000.00

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

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49348-9537

CD

MI-03

Jobs Reported

26

NAICS Code

331313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9821.00

Payroll Proceed

242000.00

Mortgage Interest Proceed

0.00

Rent Proceed

42670.00

Refinance EIDL Proceed

0.00

Health Care Proceed

509.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297343.61

Forgiveness Date

01/28/2021

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