ALTERNATIVE MECHANICAL LLC (MI) - 2020 PPP Loan Borrower Profile (# 6404447001)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALTERNATIVE MECHANICAL LLC. 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
6404447001
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$256,000
Date Loan was Approved
Apr 6, 2020
Amount Forgiven
$258,223.34
Date Loan was Forgiven
Feb 25, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
256,000
Lender
First National Bank of Michigan
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
238220
Borrower Location
GRAND RAPIDS, MI
Project Location
GRAND RAPIDS, MI
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
18
Business Age Description
Existing or more than 2 years old
Data Source: SBA.