PPP Loan information for Alc electrical contractor inc

$67,855

Alc electrical contractor inc was initially approved for PPP Loan of amount $67,855, the current approved amount is $67,855. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $67,855 was used to fund payroll.

Alc electrical contractor inc is New Business or 2 years or less

PPP Loan Search / NJ / SCOTCH PLAINS / Alc electrical contractor inc

ALC ELECTRICAL CONTRACTOR INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ALC ELECTRICAL CONTRACTOR INC

Borrower Address

1761 E 2ND ST

Borrower City

SCOTCH PLAINS

Borrower State

NJ

Borrower Zip

07076-1737

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67855.00

Current Approval Amount

67855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SCOTCH PLAINS

Project County Name

UNION

Project State

NJ

Project Zip

07076-1737

CD

NJ-07

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67855.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68431.30

Forgiveness Date

03/10/2021

;