PPP Loan information for Alaco sales, inc.

$68,987

Alaco sales, inc. was initially approved for PPP Loan of amount $68,987, the current approved amount is $68,987. The loan was approved on 04/06/2020 by The Community Spirit Bank reported 11 jobs and $68,987 was used to fund payroll.

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

PPP Loan Search / AL / RUSSELLVILLE / Alaco sales, inc.

ALACO SALES, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALACO SALES, INC.

Borrower Address

35 HERRING CROSS ROAD

Borrower City

RUSSELLVILLE

Borrower State

AL

Borrower Zip

35654-7611

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68987.00

Current Approval Amount

68987.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSSELLVILLE

Project County Name

FRANKLIN

Project State

AL

Project Zip

35654-7611

CD

AL-04

Jobs Reported

11

NAICS Code

326150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13797.00

Payroll Proceed

55190.00

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

3201

Originating Lender

Community Spirit Bank

Originating Lender City

RED BAY

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69441.16

Forgiveness Date

12/08/2020

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