ALTOM ENTERPRISES, INC. (MI) - 2020 PPP Loan Borrower Profile (# 7732607103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTOM ENTERPRISES, 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

7732607103

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$134,300

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$135,606.21

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

134,300

Lender

Macatawa Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

SAUGATUCK, MI

Project Location

SAUGATUCK, MI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.