PPP Loan information for Alecto industries inc.

$99,776

Alecto industries inc. was initially approved for PPP Loan of amount $99,776, the current approved amount is $99,776. The loan was approved on 02/22/2021 by The Byline Bank reported 16 jobs and $99,776 was used to fund payroll.

Alecto industries inc. is Existing or more than 2 years old

ALECTO INDUSTRIES INC.

Date Approved

02/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ALECTO INDUSTRIES INC.

Borrower Address

148 S.8TH AVE.

Borrower City

MAYWOOD

Borrower State

IL

Borrower Zip

60153

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

99776.05

Current Approval Amount

99776.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAYWOOD

Project County Name

COOK

Project State

IL

Project Zip

60153

CD

IL-04

Jobs Reported

16

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

99776.05

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100444.00

Forgiveness Date

10/26/2021

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