ALEX ENTERPRISES INC. (MA) - 2020 PPP Loan Borrower Profile (# 4718517002)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALEX ENTERPRISES INC.. The PPP program was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Massachusetts.
Loan Detail
Loan Number
4718517002
SBA Office Code
0101
Processing Method
PPP
Curent Loan Amount
$248,500
Date Loan was Approved
Apr 4, 2020
Amount Forgiven
$249,935.67
Date Loan was Forgiven
Feb 12, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
4,000
Payroll Proced
198,800
Mortgage Interest Proceed
12,700
Rent Proceed
17,000
Health Care Proceed
12,100
Debt Interest Proceed
3,900
Lender
Mechanics Cooperative Bank
Business Detail
Business Type
Corporation
NAICS
561730
Borrower Location
HANSON, MA
Project Location
HANSON, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
19
Business Age Description
Existing or more than 2 years old
Data Source: SBA.