PPP Loan information for Alternalite electric, inc.

$34,500

Alternalite electric, inc. was initially approved for PPP Loan of amount $34,500, the current approved amount is $34,500. The loan was approved on 05/15/2020 by The Wayne Savings Community Bank reported 3 jobs and $34,500 was used to fund payroll.

Alternalite electric, inc. is Existing or more than 2 years old

ALTERNALITE ELECTRIC, INC.

Date Approved

05/15/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ALTERNALITE ELECTRIC, INC.

Borrower Address

4171 LINDEN CIR

Borrower City

NORTH OLMSTED

Borrower State

OH

Borrower Zip

44070-2981

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34500.00

Current Approval Amount

34500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84367

Servicing Lender Name

Wayne Savings Community Bank

Servicing Lender Address

151 N Market St

Servicing Lender City

WOOSTER

Servicing Lender State

OH

Servicing Lender Zip

44691-4809

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH OLMSTED

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44070-2981

CD

OH-07

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34500.00

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

84367

Originating Lender

Wayne Savings Community Bank

Originating Lender City

WOOSTER

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34787.34

Forgiveness Date

03/23/2021

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