PPP Loan information for Alco management, inc.

$2,568,100

Alco management, inc. was initially approved for PPP Loan of amount $2,568,100, the current approved amount is $2,568,100. The loan was approved on 04/13/2020 by The Simmons Bank reported 238 jobs and $2,568,100 was used to fund payroll.

Alco management, inc. is Existing or more than 2 years old

PPP Loan Search / TN / Memphis / Alco management, inc.

ALCO MANAGEMENT, INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ALCO MANAGEMENT, INC.

Borrower Address

35 Union Ave Suite 300

Borrower City

Memphis

Borrower State

TN

Borrower Zip

38103

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2568100.00

Current Approval Amount

2568100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Memphis

Project County Name

SHELBY

Project State

TN

Project Zip

38103-0001

CD

TN-09

Jobs Reported

238

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2568100.00

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

Subchapter S Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2604410.08

Forgiveness Date

09/08/2021

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