Alma College
$4,151,837 PPP Loan in Alma, Michigan
Loan Details
- Loan Number
- 7661957007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,151,837
- Current Approval
- $4,151,837
- Forgiveness Amount
- $4,199,725
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Alma College
- Address
- 614 W Superior Street
- City
- Alma
- State
- Michigan
- ZIP Code
- 48801-1504
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 367
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $3,931,359
- Health Care
- $220,478
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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