PPP Loan information for Alko distributors, inc.

$1,241,300

Alko distributors, inc. was initially approved for PPP Loan of amount $1,241,300, the current approved amount is $1,241,300. The loan was approved on 04/14/2020 by The Customers Bank reported 233 jobs and $1,241,300 was used to fund payroll.

Alko distributors, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Essex / Alko distributors, inc.

ALKO DISTRIBUTORS, INC.

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ALKO DISTRIBUTORS, INC.

Borrower Address

8801 Kelso Drive

Borrower City

Essex

Borrower State

MD

Borrower Zip

21221

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1241300.00

Current Approval Amount

1241300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Essex

Project County Name

BALTIMORE

Project State

MD

Project Zip

21221-0500

CD

MD-02

Jobs Reported

233

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1241300.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1256229.61

Forgiveness Date

07/15/2021

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