ALPENA BEVERAGE COMPANY, INC. (MI) - 2020 PPP Loan Borrower Profile (# 9148527201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALPENA BEVERAGE COMPANY, 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

9148527201

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$481,500

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$485,686.37

Date Loan was Forgiven

Mar 22, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

481,500

Lender

Nicolet National Bank

Business Detail

Business Type

Corporation

NAICS

424810

Borrower Location

ALPENA, MI

Project Location

ALPENA, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.