PPP Loan information for Alternate current solutions inc

$19,972

Alternate current solutions inc was initially approved for PPP Loan of amount $19,972, the current approved amount is $19,972. The loan was approved on 02/03/2021 by The The Fidelity Bank reported 3 jobs and $19,972 was used to fund payroll.

Alternate current solutions inc is Existing or more than 2 years old

ALTERNATE CURRENT SOLUTIONS INC

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ALTERNATE CURRENT SOLUTIONS INC

Borrower Address

104 W Ballentine St

Borrower City

Holly Springs

Borrower State

NC

Borrower Zip

27540-8830

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19972.00

Current Approval Amount

19972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holly Springs

Project County Name

WAKE

Project State

NC

Project Zip

27540-8830

CD

NC-13

Jobs Reported

3

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19972.00

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

Subchapter S Corporation

Originating Lender Location Id

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20060.21

Forgiveness Date

07/14/2021

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