PPP Loan information for Algoo & sons inc.

$76,318

Algoo & sons inc. was initially approved for PPP Loan of amount $76,318, the current approved amount is $76,318. The loan was approved on 02/24/2021 by The Webster Five Cents Savings Bank reported 17 jobs and $76,318 was used to fund payroll.

Algoo & sons inc. is Existing or more than 2 years old

ALGOO & SONS INC.

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ALGOO & SONS INC.

Borrower Address

380 Main St

Borrower City

Rutland

Borrower State

MA

Borrower Zip

01543-1303

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76317.50

Current Approval Amount

76317.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rutland

Project County Name

WORCESTER

Project State

MA

Project Zip

01543-1303

CD

MA-02

Jobs Reported

17

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76315.50

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76824.16

Forgiveness Date

10/25/2021

;