ALPENA NEWS PUBLISHING CO (MI) - 2020 PPP Loan Borrower Profile (# 4072968505)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALPENA NEWS PUBLISHING CO. 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

4072968505

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$183,737

Date Loan was Approved

Feb 25, 2021

Amount Forgiven

$184,956.81

Date Loan was Forgiven

Oct 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

183,736

Lender

PNC Bank, National Association

Business Detail

Business Type

Corporation

NAICS

511110

Borrower Location

Alpena, MI

Project Location

Alpena, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.