PPP Loan information for Alva electric, inc

$1,403,700

Alva electric, inc was initially approved for PPP Loan of amount $1,403,700, the current approved amount is $1,403,700. The loan was approved on 07/09/2020 by The Old National Bank reported 66 jobs and $1,403,700 was used to fund payroll.

Alva electric, inc is Existing or more than 2 years old

PPP Loan Search / IN / EVANSVILLE / Alva electric, inc

ALVA ELECTRIC, INC

Date Approved

07/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ALVA ELECTRIC, INC

Borrower Address

118 W Franklin St

Borrower City

EVANSVILLE

Borrower State

IN

Borrower Zip

47710-1312

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1403700.00

Current Approval Amount

1403700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EVANSVILLE

Project County Name

VANDERBURGH

Project State

IN

Project Zip

47710-1312

CD

IN-08

Jobs Reported

66

NAICS Code

811490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1403700.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1413391.30

Forgiveness Date

03/23/2021

;