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
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

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