PPP Loan information for Alderon industries, llc

$598,000

Alderon industries, llc was initially approved for PPP Loan of amount $598,000, the current approved amount is $598,000. The loan was approved on 04/04/2020 by The Bell Bank reported 67 jobs and $598,000 was used to fund payroll.

Alderon industries, llc is Existing or more than 2 years old

ALDERON INDUSTRIES, LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALDERON INDUSTRIES, LLC

Borrower Address

151 16th St S

Borrower City

HAWLEY

Borrower State

MN

Borrower Zip

56549-8500

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

598000.00

Current Approval Amount

598000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAWLEY

Project County Name

CLAY

Project State

MN

Project Zip

56549-8500

CD

MN-07

Jobs Reported

67

NAICS Code

333914

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

598000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

606754.06

Forgiveness Date

09/27/2021

;