PPP Loan information for Lake martin area economic development alliance inc

$27,067

Lake martin area economic development alliance inc was initially approved for PPP Loan of amount $27,067, the current approved amount is $27,067. The loan was approved on 04/16/2021 by The Valley National Bank reported 2 jobs and $27,067 was used to fund payroll.

Lake martin area economic development alliance inc is Existing or more than 2 years old

PPP Loan Search / AL / Alexander City / Lake martin area economic development alliance inc

LAKE MARTIN AREA ECONOMIC DEVELOPMENT ALLIANCE INC

Date Approved

04/16/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LAKE MARTIN AREA ECONOMIC DEVELOPMENT ALLIANCE INC

Borrower Address

1675 Cherokee Rd

Borrower City

Alexander City

Borrower State

AL

Borrower Zip

35010-2917

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27067.00

Current Approval Amount

27067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexander City

Project County Name

TALLAPOOSA

Project State

AL

Project Zip

35010-2917

CD

AL-03

Jobs Reported

2

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27066.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

27231.66

Forgiveness Date

11/26/2021

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