PPP Loan information for Alliance machine & specialties inc.

$400,000

Alliance machine & specialties inc. was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/13/2020 by The Prosperity Bank reported 26 jobs and $400,000 was used to fund payroll.

Alliance machine & specialties inc. is Existing or more than 2 years old

ALLIANCE MACHINE & SPECIALTIES INC.

Date Approved

04/13/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

ALLIANCE MACHINE & SPECIALTIES INC.

Borrower Address

8711 ANDREWS HWY

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79765-2836

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79765-2836

CD

TX-11

Jobs Reported

26

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

403408.22

Forgiveness Date

02/26/2021

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