PPP Loan information for Algoma subway inc

$31,000

Algoma subway inc was initially approved for PPP Loan of amount $31,000, the current approved amount is $31,000. The loan was approved on 04/08/2020 by The Bank of Luxemburg reported 13 jobs and $31,000 was used to fund payroll.

Algoma subway inc is Existing or more than 2 years old

ALGOMA SUBWAY INC

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ALGOMA SUBWAY INC

Borrower Address

2217 Lake Street

Borrower City

ALGOMA

Borrower State

WI

Borrower Zip

54201-2005

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

31000.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

76122

Servicing Lender Name

Bank of Luxemburg

Servicing Lender Address

630 Main St

Servicing Lender City

LUXEMBURG

Servicing Lender State

WI

Servicing Lender Zip

54217-1114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGOMA

Project County Name

KEWAUNEE

Project State

WI

Project Zip

54201-2005

CD

WI-08

Jobs Reported

13

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2400.00

Payroll Proceed

28600.00

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

76122

Originating Lender

Bank of Luxemburg

Originating Lender City

LUXEMBURG

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

31276.42

Forgiveness Date

03/02/2021

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