PPP Loan information for Alamance foods inc

$3,253,300

Alamance foods inc was initially approved for PPP Loan of amount $3,253,300, the current approved amount is $3,253,300. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 199 jobs and $3,253,300 was used to fund payroll.

Alamance foods inc is Existing or more than 2 years old

PPP Loan Search / NC / BURLINGTON / Alamance foods inc

ALAMANCE FOODS INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALAMANCE FOODS INC

Borrower Address

840 PLANTATION DR

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27215-6711

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3253300.00

Current Approval Amount

3253300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-6711

CD

NC-04

Jobs Reported

199

NAICS Code

311412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3253300.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2454721.91

Forgiveness Date

06/16/2021

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