PPP Loan information for Almco steel products corporation

$1,013,985

Almco steel products corporation was initially approved for PPP Loan of amount $1,013,985, the current approved amount is $1,013,985. The loan was approved on 02/25/2021 by The Loan Source Incorporated reported 98 jobs and $1,013,985 was used to fund payroll.

Almco steel products corporation is Existing or more than 2 years old

ALMCO STEEL PRODUCTS CORPORATION

Date Approved

02/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ALMCO STEEL PRODUCTS CORPORATION

Borrower Address

59 N Oak Street Ext

Borrower City

Bluffton

Borrower State

IN

Borrower Zip

46714-1409

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1013985.00

Current Approval Amount

1013985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluffton

Project County Name

WELLS

Project State

IN

Project Zip

46714-1409

CD

IN-03

Jobs Reported

98

NAICS Code

331221

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1013985.00

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

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1023152.54

Forgiveness Date

01/31/2022

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