PPP Loan information for Al's place inc

$27,700

Al's place inc was initially approved for PPP Loan of amount $27,700, the current approved amount is $27,700. The loan was approved on 04/27/2020 by The 1st United Bank reported 7 jobs and $27,700 was used to fund payroll.

Al's place inc is Existing or more than 2 years old

AL'S PLACE INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AL'S PLACE INC

Borrower Address

28 NW 3RD ST

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-5118

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27700.00

Current Approval Amount

27700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-5118

CD

MN-01

Jobs Reported

7

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27700.00

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

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

27983.16

Forgiveness Date

05/04/2021

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