PPP Loan information for Alafab inc

$468,700

Alafab inc was initially approved for PPP Loan of amount $468,700, the current approved amount is $468,700. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 45 jobs and $468,700 was used to fund payroll.

Alafab inc is Existing or more than 2 years old

ALAFAB INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALAFAB INC

Borrower Address

770 PIERCE RD

Borrower City

MOBILE

Borrower State

AL

Borrower Zip

36608-9441

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468700.00

Current Approval Amount

468700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOBILE

Project County Name

MOBILE

Project State

AL

Project Zip

36608-9441

CD

AL-01

Jobs Reported

45

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

468700.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

475287.84

Forgiveness Date

09/09/2021

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