PPP Loan information for Alco inc

$188,761

Alco inc was initially approved for PPP Loan of amount $188,761, the current approved amount is $188,761. The loan was approved on 02/20/2021 by The The Merchants National Bank reported 22 jobs and $188,761 was used to fund payroll.

Alco inc is Existing or more than 2 years old

ALCO INC

Date Approved

02/20/2021

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ALCO INC

Borrower Address

36050 Smith Chapel Rd

Borrower City

Logan

Borrower State

OH

Borrower Zip

43138-8855

Loan Status Date

11/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188760.70

Current Approval Amount

188760.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57641

Servicing Lender Name

The Merchants National Bank

Servicing Lender Address

100 N High St

Servicing Lender City

HILLSBORO

Servicing Lender State

OH

Servicing Lender Zip

45133-1152

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Logan

Project County Name

HOCKING

Project State

OH

Project Zip

43138-8855

CD

OH-02

Jobs Reported

22

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

188758.70

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

57641

Originating Lender

The Merchants National Bank

Originating Lender City

HILLSBORO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189856.56

Forgiveness Date

09/22/2021

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