ALPHA SCHOOLS, INC (MI) - 2020 PPP Loan Borrower Profile (# 2837817209)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALPHA SCHOOLS, 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
2837817209
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$175,585
Date Loan was Approved
Apr 16, 2020
Amount Forgiven
$176,923.35
Date Loan was Forgiven
Jan 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
2,400
Payroll Proced
119,855
Mortgage Interest Proceed
0
Rent Proceed
45,000
Refinance EIDL Proceed
0
Health Care Proceed
8,330
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Corporation
NAICS
611699
Borrower Location
LAKE ORION, MI
Project Location
LAKE ORION, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
34
Business Age Description
Existing or more than 2 years old
Data Source: SBA.