PPP Loan information for Alert distributing, inc.

$147,517

Alert distributing, inc. was initially approved for PPP Loan of amount $147,517, the current approved amount is $147,517. The loan was approved on 04/06/2020 by The New Market Bank reported 12 jobs and $147,517 was used to fund payroll.

Alert distributing, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PRIOR LAKE / Alert distributing, inc.

ALERT DISTRIBUTING, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ALERT DISTRIBUTING, INC.

Borrower Address

16873 Fish Point Road SE

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-3324

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147517.00

Current Approval Amount

147517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRIOR LAKE

Project County Name

SCOTT

Project State

MN

Project Zip

55372-3324

CD

MN-02

Jobs Reported

12

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

147517.00

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

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148596.10

Forgiveness Date

01/07/2021

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