PPP Loan information for Altercare inc.

$586,700

Altercare inc. was initially approved for PPP Loan of amount $586,700, the current approved amount is $586,700. The loan was approved on 04/11/2020 by The Peoples Bank reported 59 jobs and $586,700 was used to fund payroll.

Altercare inc. is Existing or more than 2 years old

PPP Loan Search / OH / NORTH RIDGEVILLE / Altercare inc.

ALTERCARE INC.

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ALTERCARE INC.

Borrower Address

35990 WESTMINISTER AVE

Borrower City

NORTH RIDGEVILLE

Borrower State

OH

Borrower Zip

44039-1373

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586700.00

Current Approval Amount

586700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH RIDGEVILLE

Project County Name

LORAIN

Project State

OH

Project Zip

44039-1373

CD

OH-05

Jobs Reported

59

NAICS Code

623110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

440025.00

Mortgage Interest Proceed

0.00

Rent Proceed

146675.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

591116.55

Forgiveness Date

01/25/2021

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