ALMA CINEMAS INC. (MI) - 2020 PPP Loan Borrower Profile (# 6077338110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALMA CINEMAS 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

6077338110

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$25,775.95

Date Loan was Approved

Jul 20, 2020

Amount Forgiven

$10,821.69

Date Loan was Forgiven

Sep 14, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

25,775.95

Lender

Oxford Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

512131

Borrower Location

ALMA, MI

Project Location

ALMA, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.