PPP Loan information for Albany industrial supply inc

$47,342

Albany industrial supply inc was initially approved for PPP Loan of amount $47,342, the current approved amount is $47,342. The loan was approved on 03/01/2021 by The Loan Source Incorporated reported 6 jobs and $47,342 was used to fund payroll.

Albany industrial supply inc is Existing or more than 2 years old

ALBANY INDUSTRIAL SUPPLY INC

Date Approved

03/01/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

ALBANY INDUSTRIAL SUPPLY INC

Borrower Address

438 S Pearl St

Borrower City

Albany

Borrower State

NY

Borrower Zip

12202-1912

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47342.00

Current Approval Amount

47342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12202-1912

CD

NY-20

Jobs Reported

6

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47340.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47882.87

Forgiveness Date

04/27/2022

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