PPP Loan information for Alai inc

$57,800

Alai inc was initially approved for PPP Loan of amount $57,800, the current approved amount is $57,800. The loan was approved on 04/10/2020 by The Citizens Bank and Trust Company reported 15 jobs and $57,800 was used to fund payroll.

Alai inc is Existing or more than 2 years old

PPP Loan Search / VA / HOPEWELL / Alai inc

ALAI INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ALAI INC

Borrower Address

4098 OAKLAWN BLVD

Borrower City

HOPEWELL

Borrower State

VA

Borrower Zip

23860-6512

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57800.00

Current Approval Amount

57800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73109

Servicing Lender Name

Citizens Bank and Trust Company

Servicing Lender Address

126 S Main St

Servicing Lender City

BLACKSTONE

Servicing Lender State

VA

Servicing Lender Zip

23824-1842

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOPEWELL

Project County Name

HOPEWELL CITY

Project State

VA

Project Zip

23860-6512

CD

VA-04

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

46248.00

Mortgage Interest Proceed

9552.00

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

73109

Originating Lender

Citizens Bank and Trust Company

Originating Lender City

BLACKSTONE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58393.84

Forgiveness Date

05/03/2021

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