PPP Loan information for Al rec llc

$458,145

Al rec llc was initially approved for PPP Loan of amount $458,145, the current approved amount is $458,145. The loan was approved on 02/05/2021 by The Celtic Bank Corporation reported 48 jobs and $458,145 was used to fund payroll.

Al rec llc is Existing or more than 2 years old

AL REC LLC

Date Approved

02/05/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

AL REC LLC

Borrower Address

400 Jack Burlingame Dr

Borrower City

Millwood

Borrower State

WV

Borrower Zip

25262-8579

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

458145.00

Current Approval Amount

458145.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millwood

Project County Name

JACKSON

Project State

WV

Project Zip

25262-8579

CD

WV-01

Jobs Reported

48

NAICS Code

331314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

458142.00

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

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

463379.15

Forgiveness Date

04/06/2022

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