PPP Loan information for Alko distributors inc.

$1,139,000

Alko distributors inc. was initially approved for PPP Loan of amount $1,139,000, the current approved amount is $1,139,000. The loan was approved on 01/26/2021 by The Readycap Lending, LLC reported 224 jobs and $1,139,000 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

01/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ALKO DISTRIBUTORS INC.

Borrower Address

8801 Kelso Dr

Borrower City

Essex

Borrower State

MD

Borrower Zip

21221-3112

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1139000.00

Current Approval Amount

1139000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

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

21221-3112

CD

MD-02

Jobs Reported

224

NAICS Code

448140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1138999.00

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

1146333.29

Forgiveness Date

09/22/2021

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