PPP Loan information for Alternative business equipment, inc

$1,198,300

Alternative business equipment, inc was initially approved for PPP Loan of amount $1,198,300, the current approved amount is $1,198,300. The loan was approved on 04/05/2020 by The Western Alliance Bank reported 85 jobs and $1,198,300 was used to fund payroll.

Alternative business equipment, inc is Existing or more than 2 years old

ALTERNATIVE BUSINESS EQUIPMENT, INC

Date Approved

04/05/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

ALTERNATIVE BUSINESS EQUIPMENT, INC

Borrower Address

720 4TH ST

Borrower City

LAS VEGAS

Borrower State

NV

Borrower Zip

89101-6743

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1198300.00

Current Approval Amount

1198300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAS VEGAS

Project County Name

CLARK

Project State

NV

Project Zip

89101-6743

CD

NV-04

Jobs Reported

85

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12500.00

Payroll Proceed

855000.00

Mortgage Interest Proceed

0.00

Rent Proceed

275050.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42000.00

Debt Interest Proceed

13750

Business Type

Corporation

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1209284.42

Forgiveness Date

03/10/2021

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