Alma Family Practice, PC

$330,500 PPP Loan in Alma, Michigan

Loan Details

Loan Number
7670127007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$330,500
Current Approval
$330,500
Forgiveness Amount
$332,418
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alma Family Practice, PC
Address
1335 N Pine Ave
City
Alma
ZIP Code
48801-1242
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$297,450
Rent
$22,000
Utilities
$5,331
Mortgage Interest
$5,719

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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