Date Approved
04/14/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
ALCO ELECTRIC LLC
Borrower Address
4570 MCFARLAND BLVD
Borrower City
NORTHPORT
Borrower State
AL
Borrower Zip
35476-2849
Loan Status Date
05/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
46900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
445288
Servicing Lender Name
SmartBank
Servicing Lender Address
2430 Teaster Ln, Ste 205
Servicing Lender City
PIGEON FORGE
Servicing Lender State
TN
Servicing Lender Zip
37863-5274
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TUSCALOOSA
Project State
Project Zip
CD
AL-07
Jobs Reported
7
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
47355.97
Forgiveness Date
04/08/2021