ALCO TRANSPORTATION INC (MI) - 2020 PPP Loan Borrower Profile (# 3287437310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALCO TRANSPORTATION 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

3287437310

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$436,780

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$440,728.97

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

436,780

Lender

The Huntington National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

484220

Borrower Location

WAYNE, MI

Project Location

WAYNE, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.