PPP Loan information for Altarum institute

$2,500,000

Altarum institute was initially approved for PPP Loan of amount $2,500,000, the current approved amount is $2,500,000. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 235 jobs and $2,500,000 was used to fund payroll.

Altarum institute is Existing or more than 2 years old

PPP Loan Search / MI / ANN ARBOR / Altarum institute

ALTARUM INSTITUTE

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALTARUM INSTITUTE

Borrower Address

3520 GREEN CT STE 300

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48105-1566

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500000.00

Current Approval Amount

2500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48105-1566

CD

MI-06

Jobs Reported

235

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2528750.00

Forgiveness Date

06/17/2021

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