PPP Loan information for Aalanco service corporation

$726,600

Aalanco service corporation was initially approved for PPP Loan of amount $726,600, the current approved amount is $726,600. The loan was approved on 04/09/2020 by The Berkshire Bank reported 32 jobs and $726,600 was used to fund payroll.

Aalanco service corporation is Existing or more than 2 years old

PPP Loan Search / MA / WESTBOROUGH / Aalanco service corporation

AALANCO SERVICE CORPORATION

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

AALANCO SERVICE CORPORATION

Borrower Address

80B TURNPIKE RD

Borrower City

WESTBOROUGH

Borrower State

MA

Borrower Zip

01581-1730

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

726600.00

Current Approval Amount

726600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBOROUGH

Project County Name

WORCESTER

Project State

MA

Project Zip

01581-1730

CD

MA-02

Jobs Reported

32

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

726600.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

731397.55

Forgiveness Date

12/22/2020

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