ALCO TRANSPORTATION INC (MI) - 2020 PPP Loan Borrower Profile (# 3841878710)

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

3841878710

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$400,000

Date Loan was Approved

Mar 31, 2021

Amount Forgiven

$401,819.18

Date Loan was Forgiven

Sep 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

400,000

Lender

The Huntington National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

484121

Borrower Location

Wayne, MI

Project Location

Wayne, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.