ALTERNATIVE SAFETY & TESTING SOLUTIONS INC (MI) - 2020 PPP Loan Borrower Profile (# 7508167010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTERNATIVE SAFETY & TESTING SOLUTIONS 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

7508167010

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$65,152

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$65,505.43

Date Loan was Forgiven

Oct 29, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

5,106

Payroll Proced

31,376

Mortgage Interest Proceed

1,680

Rent Proceed

13,866

Health Care Proceed

13,124

Lender

Mercantile Bank

Business Detail

Business Type

Corporation

NAICS

541618

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.