ALTERNATIVE COMMUNITY PENALTIES PROGRAM INC (NC) - 2020 PPP Loan Borrower Profile (# 2406657207)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTERNATIVE COMMUNITY PENALTIES PROGRAM 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 North Carolina.

Loan Detail

Loan Number

2406657207

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$186,500

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$188,256.21

Date Loan was Forgiven

Mar 30, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

186,500

Lender

PNC Bank, National Association

Business Detail

Business Type

Non-Profit Organization

NAICS

813410

Borrower Location

Gastonia, NC

Project Location

Gastonia, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.