ALBIN MASONRY, INCORPORATED (MI) - 2020 PPP Loan Borrower Profile (# 3085647207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBIN MASONRY, INCORPORATED. 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

3085647207

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$48,735

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$43,415.38

Date Loan was Forgiven

Dec 15, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

280

Payroll Proced

38,185

Rent Proceed

4,400

Health Care Proceed

5,870

Lender

Charlevoix State Bank

Business Detail

Business Type

Corporation

NAICS

238140

Borrower Location

BEAVER ISLAND, MI

Project Location

BEAVER ISLAND, 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.