PPP Loan information for Aldo's inc

$519,120

Aldo's inc was initially approved for PPP Loan of amount $519,120, the current approved amount is $519,120. The loan was approved on 01/23/2021 by The TowneBank reported 45 jobs and $519,120 was used to fund payroll.

Aldo's inc is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Aldo's inc

ALDO'S INC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ALDO'S INC

Borrower Address

1860 Laskin Rd Ste 107

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23454-4535

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

519120.00

Current Approval Amount

519120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23454-4535

CD

VA-02

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

519114.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

523345.06

Forgiveness Date

11/26/2021

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