PPP Loan information for Alternator exchange inc.

$208,955

Alternator exchange inc. was initially approved for PPP Loan of amount $208,955, the current approved amount is $208,955. The loan was approved on 04/02/2021 by The Itria Ventures LLC reported 25 jobs and $208,955 was used to fund payroll.

Alternator exchange inc. is Existing or more than 2 years old

ALTERNATOR EXCHANGE INC.

Date Approved

04/02/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ALTERNATOR EXCHANGE INC.

Borrower Address

301 N Broad Street

Borrower City

CLINTON

Borrower State

SC

Borrower Zip

29325

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

208954.78

Current Approval Amount

208954.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

LAURENS

Project State

SC

Project Zip

29325

CD

SC-03

Jobs Reported

25

NAICS Code

811118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

208952.78

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

Subchapter S Corporation

Originating Lender Location Id

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

211549.30

Forgiveness Date

07/06/2022

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