PPP Loan information for Algo health inc.

$79,974

Algo health inc. was initially approved for PPP Loan of amount $79,974, the current approved amount is $79,974. The loan was approved on 02/25/2021 by The Falcon International Bank reported 20 jobs and $79,974 was used to fund payroll.

Algo health inc. is Existing or more than 2 years old

ALGO HEALTH INC.

Date Approved

02/25/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

ALGO HEALTH INC.

Borrower Address

414 Shiloh Dr Unit 9

Borrower City

Laredo

Borrower State

TX

Borrower Zip

78045-6745

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79974.00

Current Approval Amount

79974.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110490

Servicing Lender Name

Falcon International Bank

Servicing Lender Address

7718 McPherson Rd

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78045-2805

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laredo

Project County Name

WEBB

Project State

TX

Project Zip

78045-6745

CD

TX-28

Jobs Reported

20

NAICS Code

621498

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79974.00

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

110490

Originating Lender

Falcon International Bank

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80367.21

Forgiveness Date

08/27/2021

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