PPP Loan information for Algavan inc

$382,273

Algavan inc was initially approved for PPP Loan of amount $382,273, the current approved amount is $382,273. The loan was approved on 02/14/2021 by The Enterprise Bank & Trust reported 24 jobs and $382,273 was used to fund payroll.

Algavan inc is Existing or more than 2 years old

PPP Loan Search / NM / Santa Fe / Algavan inc

ALGAVAN INC

Date Approved

02/14/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

ALGAVAN INC

Borrower Address

41 Bisbee Ct Unit B4

Borrower City

Santa Fe

Borrower State

NM

Borrower Zip

87508-1450

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

382272.60

Current Approval Amount

382272.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112407

Servicing Lender Name

Enterprise Bank & Trust

Servicing Lender Address

150 N Meramec Ave

Servicing Lender City

CLAYTON

Servicing Lender State

MO

Servicing Lender Zip

63105-3779

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Santa Fe

Project County Name

SANTA FE

Project State

NM

Project Zip

87508-1450

CD

NM-03

Jobs Reported

24

NAICS Code

561311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

382270.60

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

112407

Originating Lender

Enterprise Bank & Trust

Originating Lender City

CLAYTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

295312.15

Forgiveness Date

06/02/2022

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