PPP Loan information for Almadan, inc.

$477,764

Almadan, inc. was initially approved for PPP Loan of amount $477,764, the current approved amount is $477,764. The loan was approved on 04/11/2020 by The New Valley Bank & Trust reported 55 jobs and $477,764 was used to fund payroll.

Almadan, inc. is Existing or more than 2 years old

ALMADAN, INC.

Date Approved

04/11/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

ALMADAN, INC.

Borrower Address

85 NORTH WHITNEY STREET PO BOX 518

Borrower City

AMHERST

Borrower State

MA

Borrower Zip

01004-0518

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

477764.24

Current Approval Amount

477764.24

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMHERST

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01004-0518

CD

MA-02

Jobs Reported

55

NAICS Code

623220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

477764.24

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

Subchapter S Corporation

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

480931.88

Forgiveness Date

12/16/2020

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