ALLIED FINISHING, INC. (MI) - 2020 PPP Loan Borrower Profile (# 6598797009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLIED FINISHING, 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

6598797009

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$1,690,762

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,702,805.78

Date Loan was Forgiven

Dec 30, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

111,162

Payroll Proced

1,352,610

Mortgage Interest Proceed

16,282

Rent Proceed

92,680

Health Care Proceed

100,312

Debt Interest Proceed

17,716

Lender

Mercantile Bank

Business Detail

Business Type

Corporation

NAICS

332813

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

229

Business Age Description

New Business or 2 years or less

Data Source: SBA.