ALUMITECT INDUSTRIES LLC (MI) - 2020 PPP Loan Borrower Profile (# 5713308501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALUMITECT INDUSTRIES 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

5713308501

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$127,000

Date Loan was Approved

Mar 1, 2021

Amount Forgiven

$128,127.34

Date Loan was Forgiven

Jan 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

126,995

Lender

First Merchants Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423830

Borrower Location

SALEM, MI

Project Location

SALEM, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.