ALPHA GRAND RAPIDS (MI) - 2020 PPP Loan Borrower Profile (# 2144077100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALPHA GRAND RAPIDS. 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

2144077100

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$110,500

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$111,150.72

Date Loan was Forgiven

Nov 19, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

82,900

Mortgage Interest Proceed

17,600

Lender

United Bank of Michigan

Business Detail

Business Type

Non-Profit Organization

NAICS

624190

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.