PPP Loan information for Alco products company, inc.

$150,963

Alco products company, inc. was initially approved for PPP Loan of amount $150,963, the current approved amount is $150,963. The loan was approved on 04/27/2020 by The American Express National Bank reported 11 jobs and $150,963 was used to fund payroll.

Alco products company, inc. is Existing or more than 2 years old

PPP Loan Search / MD / North Bethesda / Alco products company, inc.

ALCO PRODUCTS COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ALCO PRODUCTS COMPANY, INC.

Borrower Address

4921 Wyaconda Road

Borrower City

North Bethesda

Borrower State

MD

Borrower Zip

20852

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150962.50

Current Approval Amount

150962.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

North Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1000

CD

MD-08

Jobs Reported

11

NAICS Code

453930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105673.75

Mortgage Interest Proceed

0.00

Rent Proceed

30192.50

Refinance EIDL Proceed

0.00

Health Care Proceed

15096.25

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152530.03

Forgiveness Date

05/24/2021

;