Algerem, Inc.

$674,000 PPP Loan in New Albany, Ohio

Loan Details

Loan Number
8341727003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$674,000
Current Approval
$674,000
Forgiveness Amount
$679,766
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Algerem, Inc.
Address
5195 Hampsted Village Center Way
State
Ohio
ZIP Code
43054-8331
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
163
Estimated Revenue
$28.9M
Rural/Urban
Urban
Congressional District
OH-03

Loan Use Breakdown

Payroll
$505,500
Rent
$168,500

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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