PPP Loan information for Alacote inc

$83,061

Alacote inc was initially approved for PPP Loan of amount $83,061, the current approved amount is $83,061. The loan was approved on 04/27/2020 by The NobleBank & Trust reported 7 jobs and $83,061 was used to fund payroll.

Alacote inc is Existing or more than 2 years old

ALACOTE INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALACOTE INC

Borrower Address

1500 FRONT ST

Borrower City

ANNISTON

Borrower State

AL

Borrower Zip

36201-8273

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83060.56

Current Approval Amount

83060.56

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436345

Servicing Lender Name

NobleBank & Trust

Servicing Lender Address

1509 Quintard Ave

Servicing Lender City

ANNISTON

Servicing Lender State

AL

Servicing Lender Zip

36201-3846

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANNISTON

Project County Name

CALHOUN

Project State

AL

Project Zip

36201-8273

CD

AL-03

Jobs Reported

7

NAICS Code

332812

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

75000.00

Mortgage Interest Proceed

3060.56

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

436345

Originating Lender

NobleBank & Trust

Originating Lender City

ANNISTON

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

83607.38

Forgiveness Date

12/23/2020

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