PPP Loan information for Alec inc

$4,000

Alec inc was initially approved for PPP Loan of amount $4,000, the current approved amount is $4,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $4,000 was used to fund payroll.

Alec inc is New Business or 2 years or less

ALEC INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALEC INC

Borrower Address

ALEC SAID C/O ALEC INC 3455 17 MILE RD

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48310-6825

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4000.00

Current Approval Amount

4000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48310-6825

CD

MI-10

Jobs Reported

1

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4000.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4052.49

Forgiveness Date

08/27/2021

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