ALTERNATIVE ENERGY STORE, INC. (MA) - 2020 PPP Loan Borrower Profile (# 6474887304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTERNATIVE ENERGY STORE, INC.. The Paycheck Protection Program (PPP) loan 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

6474887304

SBA Office Code

0101

Processing Method

PPP

Curent Loan Amount

$360,790

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$363,896.8

Date Loan was Forgiven

Mar 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

358,290

Mortgage Interest Proceed

1,500

Lender

Middlesex Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

423690

Borrower Location

BOXBOROUGH, MA

Project Location

BOXBOROUGH, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.