PPP Loan information for Alco motors inc

$403,585

Alco motors inc was initially approved for PPP Loan of amount $403,585, the current approved amount is $403,585. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 24 jobs and $403,585 was used to fund payroll.

Alco motors inc is Existing or more than 2 years old

PPP Loan Search / NH / Concord / Alco motors inc

ALCO MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

ALCO MOTORS INC

Borrower Address

95 Manchester St 0.0

Borrower City

Concord

Borrower State

NH

Borrower Zip

03301-5194

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

403585.00

Current Approval Amount

403585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

MERRIMACK

Project State

NH

Project Zip

03301-5194

CD

NH-02

Jobs Reported

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7480.00

Payroll Proceed

337571.00

Mortgage Interest Proceed

30000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28534.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

407935.65

Forgiveness Date

05/12/2021

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