NewBizBot
Try for Free

Alcona Motors INC

$174,400 PPP Loan in Lincoln, Michigan

Loan Details

Loan Number
9366397110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$174,400
Current Approval
$174,400
Forgiveness Amount
$175,863
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alcona Motors INC
Address
313 S 2nd St
City
Lincoln
State
Michigan
ZIP Code
48742-9429
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$166,400
Utilities
$8,000

Lender Information

Servicing Lender
Huron Community Bank
Originating Lender
Huron Community Bank

Other PPP Loans in Lincoln, MI

BusinessApproved
Northern Precision INC$365,700NewBizBotAI Deep Dive
Alcona Tool & Machine, Inc.$228,600NewBizBotAI Deep Dive
Hillman Extrustion Tool INC$211,100NewBizBotAI Deep Dive
Lincoln Precision Carbide INC$200,500NewBizBotAI Deep Dive
Lincoln Precision Carbide INC$200,500NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free