PPP Loan information for Alto llc

$319,690

Alto llc was initially approved for PPP Loan of amount $319,690, the current approved amount is $319,690. The loan was approved on 01/21/2021 by The North Shore Bank, a Co-operative Bank reported 30 jobs and $319,690 was used to fund payroll.

Alto llc is Existing or more than 2 years old

ALTO LLC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ALTO LLC

Borrower Address

41 Cross St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-1608

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

319690.00

Current Approval Amount

319690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-1608

CD

MA-06

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

319684.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

323561.80

Forgiveness Date

04/14/2022

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