PPP Loan information for Alternator exchange, inc.

$191,900

Alternator exchange, inc. was initially approved for PPP Loan of amount $191,900, the current approved amount is $191,900. The loan was approved on 04/15/2020 by The United Community Bank reported 25 jobs and $191,900 was used to fund payroll.

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

ALTERNATOR EXCHANGE, INC.

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

ALTERNATOR EXCHANGE, INC.

Borrower Address

301 N Broad Street

Borrower City

CLINTON

Borrower State

SC

Borrower Zip

29325

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191900.00

Current Approval Amount

191900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

LAURENS

Project State

SC

Project Zip

29325-0001

CD

SC-03

Jobs Reported

25

NAICS Code

336390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

191900.00

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

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193619.21

Forgiveness Date

03/31/2021

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