PPP Loan information for Alternatives inc

$984,390

Alternatives inc was initially approved for PPP Loan of amount $980, the current approved amount is $984,390. The loan was approved on 05/02/2020 by The Bank of America, National Association reported 140 jobs and $984,390 was used to fund payroll.

Alternatives inc is Existing or more than 2 years old

ALTERNATIVES INC

Date Approved

05/02/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

ALTERNATIVES INC

Borrower Address

558 MAPLE AVE

Borrower City

CHESHIRE

Borrower State

CT

Borrower Zip

06410

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

980.00

Current Approval Amount

984389.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESHIRE

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06410-2100

CD

CT-05

Jobs Reported

140

NAICS Code

621498

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

984389.82

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

994907.96

Forgiveness Date

06/10/2021

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