# PPP loan: ALVARADO-STRUBLE INC.
> **$191K** approved 02/10/2021 · Paid in Full · Loan `6577138410`
## Borrower
- **Name:** ALVARADO-STRUBLE INC.
- **Address:** 14640 Idylcrest Dr, Lansing, MI, 48906-9318
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $194K (102%)
- **Forgiveness date:** 02/24/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $191K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*