PPP Loan information for Alco appliance sales and service llc

$40,773

Alco appliance sales and service llc was initially approved for PPP Loan of amount $40,773, the current approved amount is $40,773. The loan was approved on 03/03/2021 by The Truist Bank reported 3 jobs and $40,773 was used to fund payroll.

Alco appliance sales and service llc is Existing or more than 2 years old

ALCO APPLIANCE SALES AND SERVICE LLC

Date Approved

03/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ALCO APPLIANCE SALES AND SERVICE LLC

Borrower Address

10101 Bacon Dr Ste F

Borrower City

Beltsville

Borrower State

MD

Borrower Zip

20705-2135

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40772.50

Current Approval Amount

40772.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beltsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-2135

CD

MD-04

Jobs Reported

3

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40769.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41293.48

Forgiveness Date

06/09/2022

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