ALBAUGH MASONRY STONE AND TILE, INC (MI) - 2020 PPP Loan Borrower Profile (# 3068577208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBAUGH MASONRY STONE AND TILE, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

3068577208

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$1,072,282

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$1,081,187.9

Date Loan was Forgiven

Mar 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,072,282

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

238110

Borrower Location

WATERFORD, MI

Project Location

WATERFORD, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.