ALJO PROPERTIES, INC. (MI) - 2020 PPP Loan Borrower Profile (# 4950287206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALJO PROPERTIES, 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

4950287206

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$68,022

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$68,392.86

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

8,502

Payroll Proced

51,018

Mortgage Interest Proceed

8,502

Lender

Awakon FCU

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

ROGERS CITY, MI

Project Location

ROGERS CITY, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.