PPP Loan information for Alvar resins, inc.

$245,300

Alvar resins, inc. was initially approved for PPP Loan of amount $245,300, the current approved amount is $245,300. The loan was approved on 04/08/2020 by The Morton Community Bank reported 23 jobs and $245,300 was used to fund payroll.

Alvar resins, inc. is Existing or more than 2 years old

PPP Loan Search / AR / CROSSETT / Alvar resins, inc.

ALVAR RESINS, INC.

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

ALVAR RESINS, INC.

Borrower Address

141 Mac McGoogan Drive

Borrower City

CROSSETT

Borrower State

AR

Borrower Zip

71635-0949

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245300.00

Current Approval Amount

245300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CROSSETT

Project County Name

ASHLEY

Project State

AR

Project Zip

71635-0949

CD

AR-04

Jobs Reported

23

NAICS Code

325194

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

245300.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

248243.60

Forgiveness Date

06/22/2021

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