PPP Loan information for Aladtec inc

$709,800

Aladtec inc was initially approved for PPP Loan of amount $709,800, the current approved amount is $709,800. The loan was approved on 04/09/2020 by The MidWestOne Bank reported 42 jobs and $709,800 was used to fund payroll.

Aladtec inc is Change of Ownership

PPP Loan Search / WI / RIVER FALLS / Aladtec inc

ALADTEC INC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ALADTEC INC

Borrower Address

387 ARROW COURT, SUITE 101

Borrower City

RIVER FALLS

Borrower State

WI

Borrower Zip

54022-4593

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

709800.00

Current Approval Amount

709800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

RIVER FALLS

Project County Name

PIERCE

Project State

WI

Project Zip

54022-4593

CD

WI-07

Jobs Reported

42

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44362.50

Payroll Proceed

532350.00

Mortgage Interest Proceed

44362.50

Rent Proceed

44362.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

44362.5

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

716168.48

Forgiveness Date

03/05/2021

;