PPP Loan information for Alc homes, inc.

$328,800

Alc homes, inc. was initially approved for PPP Loan of amount $328,800, the current approved amount is $328,800. The loan was approved on 04/09/2020 by The Magnifi Financial CU reported 71 jobs and $328,800 was used to fund payroll.

Alc homes, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROYALTON / Alc homes, inc.

ALC HOMES, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALC HOMES, INC.

Borrower Address

7376 200TH AVE

Borrower City

ROYALTON

Borrower State

MN

Borrower Zip

56373-3614

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328800.00

Current Approval Amount

328800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYALTON

Project County Name

MORRISON

Project State

MN

Project Zip

56373-3614

CD

MN-07

Jobs Reported

71

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21200.00

Payroll Proceed

263080.00

Mortgage Interest Proceed

0.00

Rent Proceed

44520.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

331124.12

Forgiveness Date

12/31/2020

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