PPP Loan information for Aalanco service corporation

$625,379

Aalanco service corporation was initially approved for PPP Loan of amount $625,379, the current approved amount is $625,379. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 33 jobs and $625,379 was used to fund payroll.

Aalanco service corporation is Existing or more than 2 years old

AALANCO SERVICE CORPORATION

Date Approved

01/31/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

AALANCO SERVICE CORPORATION

Borrower Address

80B Turnpike Rd

Borrower City

Westborough

Borrower State

MA

Borrower Zip

01581-1885

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

625379.00

Current Approval Amount

625379.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westborough

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-1885

CD

MA-02

Jobs Reported

33

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

625377.00

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

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

632215.33

Forgiveness Date

03/17/2022

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