PPP Loan information for Aalc inc

$538,787

Aalc inc was initially approved for PPP Loan of amount $538,787, the current approved amount is $538,787. The loan was approved on 03/13/2021 by The Truist Bank reported 65 jobs and $538,787 was used to fund payroll.

Aalc inc is Existing or more than 2 years old

PPP Loan Search / TX / Lewisville / Aalc inc

AALC INC

Date Approved

03/13/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

AALC INC

Borrower Address

617 N Cowan Ave

Borrower City

Lewisville

Borrower State

TX

Borrower Zip

75057-3005

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

538787.18

Current Approval Amount

538787.18

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lewisville

Project County Name

DENTON

Project State

TX

Project Zip

75057-3005

CD

TX-26

Jobs Reported

65

NAICS Code

541320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

538782.18

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

546030.87

Forgiveness Date

07/14/2022

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