ALFRED DRESCHER (MI) - 2020 PPP Loan Borrower Profile (# 5197678510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALFRED DRESCHER. 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

5197678510

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$20,833

Date Loan was Approved

Feb 27, 2021

Amount Forgiven

$21,016.22

Date Loan was Forgiven

Jan 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

20,833

Lender

Thumb Bank & Trust

Business Detail

Business Type

Sole Proprietorship

NAICS

111199

Borrower Location

Bay City, MI

Project Location

Bay City, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.