PPP Loan information for Alco transportation inc

$400,000

Alco transportation inc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 03/31/2021 by The The Huntington National Bank reported 24 jobs and $400,000 was used to fund payroll.

Alco transportation inc is Existing or more than 2 years old

PPP Loan Search / MI / Wayne / Alco transportation inc

ALCO TRANSPORTATION INC

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ALCO TRANSPORTATION INC

Borrower Address

36253 Michigan Ave

Borrower City

Wayne

Borrower State

MI

Borrower Zip

48184-1652

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayne

Project County Name

WAYNE

Project State

MI

Project Zip

48184-1652

CD

MI-13

Jobs Reported

24

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401819.18

Forgiveness Date

09/15/2021

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