PPP Loan information for Alcs, inc.

$85,000

Alcs, inc. was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 5 jobs and $85,000 was used to fund payroll.

Alcs, inc. is Existing or more than 2 years old

ALCS, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ALCS, INC.

Borrower Address

191 Mill Lane - 2nd Floor

Borrower City

Mountainside

Borrower State

NJ

Borrower Zip

07092

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountainside

Project County Name

UNION

Project State

NJ

Project Zip

07092-0001

CD

NJ-07

Jobs Reported

5

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

81825.00

Mortgage Interest Proceed

0.00

Rent Proceed

2175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85787.12

Forgiveness Date

04/01/2021

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