Alger Delta Cooperative Electric Association
$373,600 PPP Loan in Gladstone, Michigan
Loan Details
- Loan Number
- 4739727005
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $373,600
- Current Approval
- $373,600
- Forgiveness Amount
- $378,042
- Forgiveness Date
- Jun 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Alger Delta Cooperative Electric Association
- Address
- 426 N 9th St
- City
- Gladstone
- State
- Michigan
- ZIP Code
- 49837-1120
- Business Type
- Cooperative
- Industry (NAICS)
- Utilities (221122)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- N/A
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $373,600
Lender Information
- Servicing Lender
- Baybank
- Originating Lender
- Baybank
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