PPP Loan information for Alternate power company inc.

$48,600

Alternate power company inc. was initially approved for PPP Loan of amount $48,600, the current approved amount is $48,600. The loan was approved on 04/13/2020 by The Gibsland Bank & Trust Company reported 6 jobs and $48,600 was used to fund payroll.

Alternate power company inc. is Existing or more than 2 years old

PPP Loan Search / LA / MINDEN / Alternate power company inc.

ALTERNATE POWER COMPANY INC.

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ALTERNATE POWER COMPANY INC.

Borrower Address

325 DENNIS DR

Borrower City

MINDEN

Borrower State

LA

Borrower Zip

71055-4311

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48600.00

Current Approval Amount

48600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28240

Servicing Lender Name

Gibsland Bank & Trust Company

Servicing Lender Address

1246 S 3rd St

Servicing Lender City

GIBSLAND

Servicing Lender State

LA

Servicing Lender Zip

71028-4301

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINDEN

Project County Name

WEBSTER

Project State

LA

Project Zip

71055-4311

CD

LA-04

Jobs Reported

6

NAICS Code

811411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6075.00

Payroll Proceed

36450.00

Mortgage Interest Proceed

0.00

Rent Proceed

6075.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

28240

Originating Lender

Gibsland Bank & Trust Company

Originating Lender City

GIBSLAND

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42857.93

Forgiveness Date

11/23/2020

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