Alternate Number Five, Inc.

$1,359,130 PPP Loan in Grand Haven, Michigan

Loan Details

Loan Number
6663697000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,359,130
Current Approval
$1,359,130
Forgiveness Amount
$1,370,599
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alternate Number Five, Inc.
Address
11059 West Olive Rd.
ZIP Code
49417-9682
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
144
Estimated Revenue
$35.2M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$988,130
Rent
$96,000
Utilities
$110,000
Health Care
$100,000
Debt Interest
$65,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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