PPP Loan information for Alaco of mississippi, inc.

$131,302

Alaco of mississippi, inc. was initially approved for PPP Loan of amount $131,302, the current approved amount is $131,302. The loan was approved on 04/06/2020 by The Community Spirit Bank reported 17 jobs and $131,302 was used to fund payroll.

Alaco of mississippi, inc. is Existing or more than 2 years old

PPP Loan Search / MS / DUMAS / Alaco of mississippi, inc.

ALACO OF MISSISSIPPI, INC.

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ALACO OF MISSISSIPPI, INC.

Borrower Address

471 COUNTY ROAD 740

Borrower City

DUMAS

Borrower State

MS

Borrower Zip

38625-9729

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131302.00

Current Approval Amount

131302.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3201

Servicing Lender Name

Community Spirit Bank

Servicing Lender Address

200 4th Ave SW

Servicing Lender City

RED BAY

Servicing Lender State

AL

Servicing Lender Zip

35582-4180

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUMAS

Project County Name

TIPPAH

Project State

MS

Project Zip

38625-9729

CD

MS-01

Jobs Reported

17

NAICS Code

326150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

105041.00

Mortgage Interest Proceed

6261.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5000

Business Type

Subchapter S Corporation

Originating Lender Location Id

3201

Originating Lender

Community Spirit Bank

Originating Lender City

RED BAY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122100.57

Forgiveness Date

12/08/2020

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