Transverse Investments, LLC & Albar Industries, Inc.
$1,441,150 PPP Loan in Lapeer, Michigan
Loan Details
- Loan Number
- 8709547007
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,441,150
- Current Approval
- $1,441,150
- Forgiveness Amount
- $1,454,851
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Transverse Investments, LLC & Albar Industries, Inc.
- Address
- 780 Whitney Dr
- City
- Lapeer
- State
- Michigan
- ZIP Code
- 48446-2565
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Real Estate and Rental and Leasing (531190)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 204
- Estimated Revenue
- $23.8M
- Rural/Urban
- Rural
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $1,441,150
Lender Information
- Servicing Lender
- Choiceone Bank
- Originating Lender
- Choiceone Bank
Other PPP Loans in Lapeer, MI
| Business | Approved | |
|---|---|---|
| Lapeer County Medical Facility | $3,397,606 | |
| Urgent Design and Manufacturing INC | $2,495,200 | |
| North American Dismantling Corp | $2,307,000 | |
| North American Dismantling Corp | $2,000,000 | |
| Lapeer Plating & Plastic Inc. | $1,867,800 |
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