PPP Loan information for Alpha engineered composites llc

$1,648,702

Alpha engineered composites llc was initially approved for PPP Loan of amount $1,648,702, the current approved amount is $1,648,702. The loan was approved on 02/04/2021 by The First Hope Bank, A National Banking Association reported 92 jobs and $1,648,702 was used to fund payroll.

Alpha engineered composites llc is Existing or more than 2 years old

ALPHA ENGINEERED COMPOSITES LLC

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ALPHA ENGINEERED COMPOSITES LLC

Borrower Address

145 Lehigh Ave

Borrower City

Lakewood

Borrower State

NJ

Borrower Zip

08701-4527

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1648702.00

Current Approval Amount

1648702.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43706

Servicing Lender Name

First Hope Bank, A National Banking Association

Servicing Lender Address

1301 Hope Bridgeville Rd

Servicing Lender City

HOPE

Servicing Lender State

NJ

Servicing Lender Zip

07844

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lakewood

Project County Name

OCEAN

Project State

NJ

Project Zip

08701-4527

CD

NJ-04

Jobs Reported

92

NAICS Code

313320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1648699.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

43706

Originating Lender

First Hope Bank, A National Banking Association

Originating Lender City

HOPE

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1668715.41

Forgiveness Date

04/28/2022

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