PPP Loan information for Algerem, inc.

$674,000

Algerem, inc. was initially approved for PPP Loan of amount $674,000, the current approved amount is $674,000. The loan was approved on 04/08/2020 by The Peoples Bank reported 163 jobs and $674,000 was used to fund payroll.

Algerem, inc. is Existing or more than 2 years old

PPP Loan Search / OH / NEW ALBANY / Algerem, inc.

ALGEREM, INC.

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

ALGEREM, INC.

Borrower Address

5195 HAMPSTED VILLAGE CENTER WAY

Borrower City

NEW ALBANY

Borrower State

OH

Borrower Zip

43054-8331

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

674000.00

Current Approval Amount

674000.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ALBANY

Project County Name

FRANKLIN

Project State

OH

Project Zip

43054-8331

CD

OH-03

Jobs Reported

163

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

505500.00

Mortgage Interest Proceed

0.00

Rent Proceed

168500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

679766.44

Forgiveness Date

02/25/2021

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