PPP Loan information for Alpha electric inc.

$84,217

Alpha electric inc. was initially approved for PPP Loan of amount $84,217, the current approved amount is $84,217. The loan was approved on 02/16/2021 by The First Merchants Bank reported 4 jobs and $84,217 was used to fund payroll.

Alpha electric inc. is Existing or more than 2 years old

PPP Loan Search / IN / Bargersville / Alpha electric inc.

ALPHA ELECTRIC INC.

Date Approved

02/16/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ALPHA ELECTRIC INC.

Borrower Address

324 W Old South St

Borrower City

Bargersville

Borrower State

IN

Borrower Zip

46106-8430

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84217.00

Current Approval Amount

84217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bargersville

Project County Name

JOHNSON

Project State

IN

Project Zip

46106-8430

CD

IN-06

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

84214.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

84895.35

Forgiveness Date

12/14/2021

;