PPP Loan information for Alco machine company inc

$307,800

Alco machine company inc was initially approved for PPP Loan of amount $307,800, the current approved amount is $307,800. The loan was approved on 04/30/2020 by The Regions Bank reported 30 jobs and $307,800 was used to fund payroll.

Alco machine company inc is Existing or more than 2 years old

PPP Loan Search / AL / Birmingham / Alco machine company inc

ALCO MACHINE COMPANY INC

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ALCO MACHINE COMPANY INC

Borrower Address

3201 27TH AVE N

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35207

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

307800.00

Current Approval Amount

307800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35207-0201

CD

AL-07

Jobs Reported

30

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307800.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

311350.24

Forgiveness Date

07/02/2021

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