Alloy Exchange, Inc.

$473,188 PPP Loan in Rockford, Michigan

Loan Details

Loan Number
3600347206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$473,188
Current Approval
$473,188
Forgiveness Amount
$475,910
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Alloy Exchange, Inc.
Address
300 Rockford Park Dr NE
ZIP Code
49341-7818
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$38.7M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$380,000
Rent
$63,788
Utilities
$2,000
Health Care
$25,000
Debt Interest
$2,400

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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