PPP Loan information for Alternative fuel systems, inc.

$56,702

Alternative fuel systems, inc. was initially approved for PPP Loan of amount $56,702, the current approved amount is $56,702. The loan was approved on 04/15/2020 by The Old Plank Trail Community Bank, National Association reported 7 jobs and $56,702 was used to fund payroll.

Alternative fuel systems, inc. is Existing or more than 2 years old

ALTERNATIVE FUEL SYSTEMS, INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ALTERNATIVE FUEL SYSTEMS, INC.

Borrower Address

3232 NORDIC RD

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005-4729

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56702.00

Current Approval Amount

56702.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-4729

CD

IL-03

Jobs Reported

7

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5670.00

Payroll Proceed

42527.00

Mortgage Interest Proceed

8505.00

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57475.35

Forgiveness Date

08/26/2021

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