ALCOR, INC. (MI) - 2020 PPP Loan Borrower Profile (# 8484967002)

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

8484967002

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$194,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$195,727.4

Date Loan was Forgiven

Mar 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

194,000

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

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.