ALAMARCO HARDWARE, INC. (MI) - 2020 PPP Loan Borrower Profile (# 5287087006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAMARCO HARDWARE, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

5287087006

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$108,000

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$108,973.48

Date Loan was Forgiven

Mar 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,350

Payroll Proced

86,380

Mortgage Interest Proceed

437

Rent Proceed

16,000

Health Care Proceed

1,833

Lender

Isabella Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423710

Borrower Location

WEST BRANCH, MI

Project Location

WEST BRANCH, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.