AMALIO CORPORATION (MI) - 2020 PPP Loan Borrower Profile (# 3947087210)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMALIO CORPORATION. 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

3947087210

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$1,320,842

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$1,327,739.73

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,320,842

Lender

Independent Bank

Business Detail

Business Type

Corporation

NAICS

238110

Borrower Location

STERLING HEIGHTS, MI

Project Location

STERLING HEIGHTS, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

105

Business Age Description

Existing or more than 2 years old

Data Source: SBA.