PPP Loan information for Alcester groceries inc.

$51,637

Alcester groceries inc. was initially approved for PPP Loan of amount $51,637, the current approved amount is $51,637. The loan was approved on 04/06/2020 by The The Security State Bank reported 9 jobs and $51,637 was used to fund payroll.

Alcester groceries inc. is Existing or more than 2 years old

ALCESTER GROCERIES INC.

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ALCESTER GROCERIES INC.

Borrower Address

P.O. Box 305

Borrower City

ALCESTER

Borrower State

SD

Borrower Zip

57001

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51637.00

Current Approval Amount

51637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66511

Servicing Lender Name

The Security State Bank

Servicing Lender Address

117 N Third St

Servicing Lender City

EMERY

Servicing Lender State

SD

Servicing Lender Zip

57332-2121

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALCESTER

Project County Name

UNION

Project State

SD

Project Zip

57001-0011

CD

SD-

Jobs Reported

9

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4303.09

Payroll Proceed

38727.75

Mortgage Interest Proceed

4303.08

Rent Proceed

4303.08

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66511

Originating Lender

The Security State Bank

Originating Lender City

EMERY

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

51936.78

Forgiveness Date

11/05/2020

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