ALM PROPERTIES INC (MI) - 2020 PPP Loan Borrower Profile (# 1583118310)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALM 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
1583118310
SBA Office Code
0515
Processing Method
PPS
Curent Loan Amount
$122,873
Date Loan was Approved
Jan 19, 2021
Amount Forgiven
$123,357.76
Date Loan was Forgiven
Jun 15, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
122,871
Lender
Frankenmuth CU
Business Detail
Business Type
Subchapter S Corporation
NAICS
453220
Borrower Location
Frankenmuth, MI
Project Location
Frankenmuth, MI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
48
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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