PPP Loan information for Alternative design manufacturing & supply inc.

$634,839

Alternative design manufacturing & supply inc. was initially approved for PPP Loan of amount $634,839, the current approved amount is $634,839. The loan was approved on 01/27/2021 by The Grand Savings Bank reported 62 jobs and $634,839 was used to fund payroll.

Alternative design manufacturing & supply inc. is Existing or more than 2 years old

ALTERNATIVE DESIGN MANUFACTURING & SUPPLY INC.

Date Approved

01/27/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

ALTERNATIVE DESIGN MANUFACTURING & SUPPLY INC.

Borrower Address

3055 Cheri Whitlock Dr

Borrower City

Siloam Springs

Borrower State

AR

Borrower Zip

72761-2011

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

634839.02

Current Approval Amount

634839.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90222

Servicing Lender Name

Grand Savings Bank

Servicing Lender Address

1022 S Main St

Servicing Lender City

GROVE

Servicing Lender State

OK

Servicing Lender Zip

74344-2846

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Siloam Springs

Project County Name

BENTON

Project State

AR

Project Zip

72761-2011

CD

AR-03

Jobs Reported

62

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

634836.02

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

90222

Originating Lender

Grand Savings Bank

Originating Lender City

GROVE

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

639691.63

Forgiveness Date

11/05/2021

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