PPP Loan information for Alliance material handling employee stock ownership program

$2,670,773

Alliance material handling employee stock ownership program was initially approved for PPP Loan of amount $2,670,773, the current approved amount is $2,670,773. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 99 jobs and $2,670,773 was used to fund payroll.

Alliance material handling employee stock ownership program is Existing or more than 2 years old

PPP Loan Search / MD / Jessup / Alliance material handling employee stock ownership program

ALLIANCE MATERIAL HANDLING EMPLOYEE STOCK OWNERSHIP PROGRAM

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ALLIANCE MATERIAL HANDLING EMPLOYEE STOCK OWNERSHIP PROGRAM

Borrower Address

8320 Sherwick Ct

Borrower City

Jessup

Borrower State

MD

Borrower Zip

20794

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2670773.00

Current Approval Amount

2670773.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jessup

Project County Name

HOWARD

Project State

MD

Project Zip

20794-0001

CD

MD-03

Jobs Reported

99

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19601.00

Payroll Proceed

2205869.00

Mortgage Interest Proceed

0.00

Rent Proceed

209271.00

Refinance EIDL Proceed

0.00

Health Care Proceed

236032.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2700480.78

Forgiveness Date

06/02/2021

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