PPP Loan information for The ale house inc

$140,441

The ale house inc was initially approved for PPP Loan of amount $140,441, the current approved amount is $140,441. The loan was approved on 02/19/2021 by The Truist Bank reported 40 jobs and $140,441 was used to fund payroll.

The ale house inc is Existing or more than 2 years old

PPP Loan Search / NC / Boone / The ale house inc

THE ALE HOUSE INC

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE ALE HOUSE INC

Borrower Address

957 Rivers St

Borrower City

Boone

Borrower State

NC

Borrower Zip

28607-5903

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140441.28

Current Approval Amount

140441.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boone

Project County Name

WATAUGA

Project State

NC

Project Zip

28607-5903

CD

NC-05

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

140438.28

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141069.36

Forgiveness Date

08/09/2021

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