PPP Loan information for Alternative energy development corp

$184,645

Alternative energy development corp was initially approved for PPP Loan of amount $184,645, the current approved amount is $184,645. The loan was approved on 04/09/2020 by The Valley National Bank reported 16 jobs and $184,645 was used to fund payroll.

Alternative energy development corp is Existing or more than 2 years old

ALTERNATIVE ENERGY DEVELOPMENT CORP

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ALTERNATIVE ENERGY DEVELOPMENT CORP

Borrower Address

777 Terrrace Avenue, Suite 101

Borrower City

HASBROUCK HEIGHTS

Borrower State

NJ

Borrower Zip

07604

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184645.00

Current Approval Amount

184645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASBROUCK HEIGHTS

Project County Name

BERGEN

Project State

NJ

Project Zip

07604-0001

CD

NJ-09

Jobs Reported

16

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

184645.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186932.55

Forgiveness Date

07/08/2021

;