Alco Electric INC

$145,173 PPP Loan in Nashville, North Carolina

Loan Details

Loan Number
6575907002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$145,173
Current Approval
$145,173
Forgiveness Amount
$146,355
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alco Electric INC
Address
1117 Cooke Rd
ZIP Code
27856-8858
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.9M
Rural/Urban
Rural
Congressional District
NC-01

Loan Use Breakdown

Payroll
$145,173

Lender Information

Servicing Lender
Southern Bank and Trust Company
Originating Lender
Southern Bank and Trust Company

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