PPP Loan information for The alderman company

$821,050

The alderman company was initially approved for PPP Loan of amount $821,050, the current approved amount is $821,050. The loan was approved on 01/25/2021 by The Pinnacle Bank reported 80 jobs and $821,050 was used to fund payroll.

The alderman company is Existing or more than 2 years old

PPP Loan Search / NC / High Point / The alderman company

THE ALDERMAN COMPANY

Date Approved

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE ALDERMAN COMPANY

Borrower Address

325 Model Farm Rd

Borrower City

High Point

Borrower State

NC

Borrower Zip

27263-1825

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

821050.00

Current Approval Amount

821050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27263-1825

CD

NC-06

Jobs Reported

80

NAICS Code

541922

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

821048.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

824964.05

Forgiveness Date

07/20/2021

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