PPP Loan information for Aalc, inc.

$642,200

Aalc, inc. was initially approved for PPP Loan of amount $642,200, the current approved amount is $642,200. The loan was approved on 04/09/2020 by The Truist Bank reported 120 jobs and $642,200 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

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

AALC, INC.

Borrower Address

617 N cowan Ave

Borrower City

LEWISVILLE

Borrower State

TX

Borrower Zip

75057-3005

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

642200.00

Current Approval Amount

642200.00

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

120

NAICS Code

541320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

642200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

646962.98

Forgiveness Date

01/14/2021

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