PPP Loan information for The capital alliance corporation

$553,800

The capital alliance corporation was initially approved for PPP Loan of amount $553,800, the current approved amount is $553,800. The loan was approved on 04/06/2020 by The The Farmers & Merchants State Bank reported 27 jobs and $553,800 was used to fund payroll.

The capital alliance corporation is New Business or 2 years or less

PPP Loan Search / OH / TOLEDO / The capital alliance corporation

THE CAPITAL ALLIANCE CORPORATION

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

THE CAPITAL ALLIANCE CORPORATION

Borrower Address

3609 W. Alexis Road 118

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43623-1315

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

553800.00

Current Approval Amount

553800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43623-1315

CD

OH-09

Jobs Reported

27

NAICS Code

532120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

553800.00

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

Corporation

Originating Lender Location Id

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

559095.24

Forgiveness Date

03/31/2021

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