A. & L. Iron and Metal Company

$823,600 PPP Loan in Gaylord, Michigan

Loan Details

Loan Number
2972357205
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$823,600
Current Approval
$823,600
Forgiveness Amount
$828,316
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
A. & L. Iron and Metal Company
Address
2000 Milbocker Rd.
ZIP Code
49735-7743
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423930)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$27.6M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$781,700
Rent
$3,900
Utilities
$38,000

Lender Information

Servicing Lender
State Savings Bank
Originating Lender
State Savings Bank

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