PPP Loan information for Agralarm inc

$85,843

Agralarm inc was initially approved for PPP Loan of amount $85,843, the current approved amount is $85,843. The loan was approved on 04/27/2021 by The Summit Community Bank, Inc. reported 6 jobs and $85,843 was used to fund payroll.

Agralarm inc is Existing or more than 2 years old

AGRALARM INC

Date Approved

04/27/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AGRALARM INC

Borrower Address

311 W Gordy Rd

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21801-3338

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85842.50

Current Approval Amount

85842.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-3338

CD

MD-01

Jobs Reported

6

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85842.50

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

Subchapter S Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86364.71

Forgiveness Date

12/10/2021

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