PPP Loan information for Alrek business solutions, inc.

$565,647

Alrek business solutions, inc. was initially approved for PPP Loan of amount $565,647, the current approved amount is $565,647. The loan was approved on 02/20/2021 by The Barrington Bank & Trust Company, National Association reported 30 jobs and $565,647 was used to fund payroll.

Alrek business solutions, inc. is Existing or more than 2 years old

ALREK BUSINESS SOLUTIONS, INC.

Date Approved

02/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ALREK BUSINESS SOLUTIONS, INC.

Borrower Address

890 E Higgins Rd Ste 148

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-4749

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

565647.00

Current Approval Amount

565647.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-4749

CD

IL-08

Jobs Reported

30

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

565647.00

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

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

570046.48

Forgiveness Date

12/01/2021

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