ALPHA PRECISION AEROSPACE, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1587888304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALPHA PRECISION AEROSPACE, 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

1587888304

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$313,800

Date Loan was Approved

Jan 19, 2021

Amount Forgiven

$315,691.52

Date Loan was Forgiven

Aug 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

313,800

Lender

Oxford Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

332721

Borrower Location

Clinton Township, MI

Project Location

Clinton Township, 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.