PPP Loan information for Alternatives, inc.

$168,000

Alternatives, inc. was initially approved for PPP Loan of amount $168,000, the current approved amount is $168,000. The loan was approved on 04/28/2020 by The The Old Point National Bank of Phoebus reported 43 jobs and $168,000 was used to fund payroll.

Alternatives, inc. is Existing or more than 2 years old

ALTERNATIVES, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ALTERNATIVES, INC.

Borrower Address

359 Fenwick Rd

Borrower City

Fort Monroe

Borrower State

VA

Borrower Zip

23651

Loan Status Date

02/28/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168000.00

Current Approval Amount

168000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Monroe

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23651-1000

CD

VA-03

Jobs Reported

43

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

168000.00

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

Non-Profit Organization

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

93892.44

Forgiveness Date

03/08/2021

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