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Alderman's INC

$260,600 PPP Loan in Lennon, Michigan

Loan Details

Loan Number
3802807102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$260,600
Current Approval
$260,600
Forgiveness Amount
$262,606
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alderman's INC
Address
1380 S M 13
City
Lennon
State
Michigan
ZIP Code
48449-9310
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$195,500
Rent
$16,000
Utilities
$4,100
Health Care
$45,000

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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