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Avalon & Tahoe Mfg INC

$1,500,000 PPP Loan in Alma, Michigan

Loan Details

Loan Number
6784077009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,500,000
Current Approval
$1,500,000
Forgiveness Amount
$1,508,384
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Avalon & Tahoe Mfg INC
Address
903 Michigan Ave
City
Alma
State
Michigan
ZIP Code
48801-1933
Business Type
Corporation
Industry (NAICS)
Manufacturing (336612)
Business Age
Existing or more than 2 years old
Jobs Reported
360
Estimated Revenue
$94.3M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$1,044,012
Utilities
$40,000
Health Care
$415,988

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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