PPP Loan information for Alliance building corporation

$364,200

Alliance building corporation was initially approved for PPP Loan of amount $364,200, the current approved amount is $364,200. The loan was approved on 04/09/2020 by The American Heritage National Bank reported 25 jobs and $364,200 was used to fund payroll.

Alliance building corporation is Existing or more than 2 years old

ALLIANCE BUILDING CORPORATION

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALLIANCE BUILDING CORPORATION

Borrower Address

3709 Quail Road NE

Borrower City

SAUK RAPIDS

Borrower State

MN

Borrower Zip

56379-9444

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

364200.00

Current Approval Amount

364200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-9444

CD

MN-06

Jobs Reported

25

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

316200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

48000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367012.43

Forgiveness Date

01/20/2021

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