ALTERNATIVE SYSTEMS INC. (MI) - 2020 PPP Loan Borrower Profile (# 4235968304)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALTERNATIVE SYSTEMS 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
4235968304
SBA Office Code
0515
Processing Method
PPS
Curent Loan Amount
$90,640
Date Loan was Approved
Jan 23, 2021
Amount Forgiven
$91,843.5
Date Loan was Forgiven
May 26, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
90,638
Lender
Fifth Third Bank
Business Detail
Business Type
Corporation
NAICS
339999
Borrower Location
Kalamazoo, MI
Project Location
Kalamazoo, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
8
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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