PPP Loan information for Algen holding company

$245,570

Algen holding company was initially approved for PPP Loan of amount $245,570, the current approved amount is $245,570. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 35 jobs and $245,570 was used to fund payroll.

Algen holding company is Existing or more than 2 years old

ALGEN HOLDING COMPANY

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

ALGEN HOLDING COMPANY

Borrower Address

101 N. EASTON ROAD SUITE #101

Borrower City

GLENSIDE

Borrower State

PA

Borrower Zip

19038

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245570.00

Current Approval Amount

245570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENSIDE

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19038-0001

CD

PA-04

Jobs Reported

35

NAICS Code

611699

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

245570.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248900.33

Forgiveness Date

09/15/2021

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