PPP Loan information for Algoo & sons inc

$78,000

Algoo & sons inc was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 04/06/2020 by The Webster Five Cents Savings Bank reported 15 jobs and $78,000 was used to fund payroll.

Algoo & sons inc is Existing or more than 2 years old

PPP Loan Search / MA / RUTLAND / Algoo & sons inc

ALGOO & SONS INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ALGOO & SONS INC

Borrower Address

380 Main St.

Borrower City

RUTLAND

Borrower State

MA

Borrower Zip

01543-1303

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUTLAND

Project County Name

WORCESTER

Project State

MA

Project Zip

01543-1303

CD

MA-02

Jobs Reported

15

NAICS Code

447110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78000.00

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78812.50

Forgiveness Date

04/27/2021

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