PPP Loan information for Aalto inc

$17,585

Aalto inc was initially approved for PPP Loan of amount $17,585, the current approved amount is $17,585. The loan was approved on 04/28/2020 by The Iowa State Bank and Trust Company of Fairfield, Iowa reported 3 jobs and $17,585 was used to fund payroll.

Aalto inc is Existing or more than 2 years old

AALTO INC

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

AALTO INC

Borrower Address

304 N 4th St

Borrower City

FAIRFIELD

Borrower State

IA

Borrower Zip

52556-2450

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17585.00

Current Approval Amount

17585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24991

Servicing Lender Name

Iowa State Bank and Trust Company of Fairfield, Iowa

Servicing Lender Address

55 S 4th St

Servicing Lender City

FAIRFIELD

Servicing Lender State

IA

Servicing Lender Zip

52556-3258

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

JEFFERSON

Project State

IA

Project Zip

52556-2450

CD

IA-01

Jobs Reported

3

NAICS Code

541410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

14068.00

Mortgage Interest Proceed

1517.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24991

Originating Lender

Iowa State Bank and Trust Company of Fairfield, Iowa

Originating Lender City

FAIRFIELD

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17758.90

Forgiveness Date

04/22/2021

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