ALCOR INC (MI) - 2020 PPP Loan Borrower Profile (# 6649628306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALCOR 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
6649628306
SBA Office Code
0515
Processing Method
PPS
Curent Loan Amount
$194,025
Date Loan was Approved
Jan 27, 2021
Amount Forgiven
$196,518.09
Date Loan was Forgiven
May 19, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
194,020
Lender
Grand River Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
444190
Borrower Location
Jenison, MI
Project Location
Jenison, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
28
Business Age Description
Existing or more than 2 years old
Data Source: SBA.