PPP Loan information for Alves fuels inc.

$198,190

Alves fuels inc. was initially approved for PPP Loan of amount $198,190, the current approved amount is $198,190. The loan was approved on 02/04/2021 by The New Valley Bank & Trust reported 16 jobs and $198,190 was used to fund payroll.

Alves fuels inc. is Existing or more than 2 years old

PPP Loan Search / MA / Ludlow / Alves fuels inc.

ALVES FUELS INC.

Date Approved

02/04/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

ALVES FUELS INC.

Borrower Address

1020 East St

Borrower City

Ludlow

Borrower State

MA

Borrower Zip

01056-1517

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198190.25

Current Approval Amount

198190.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ludlow

Project County Name

HAMPDEN

Project State

MA

Project Zip

01056-1517

CD

MA-01

Jobs Reported

16

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

198184.25

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

Corporation

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

200503.37

Forgiveness Date

04/19/2022

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