PPP Loan information for Alto technologies corporation

$600,000

Alto technologies corporation was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 04/09/2020 by The Enterprise Bank and Trust Company reported 42 jobs and $600,000 was used to fund payroll.

Alto technologies corporation is Existing or more than 2 years old

PPP Loan Search / MA / STERLING / Alto technologies corporation

ALTO TECHNOLOGIES CORPORATION

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ALTO TECHNOLOGIES CORPORATION

Borrower Address

86 LEOMINSTER RD

Borrower City

STERLING

Borrower State

MA

Borrower Zip

01564-2114

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING

Project County Name

WORCESTER

Project State

MA

Project Zip

01564-2114

CD

MA-02

Jobs Reported

42

NAICS Code

334310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13700.00

Payroll Proceed

479900.00

Mortgage Interest Proceed

0.00

Rent Proceed

51700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

54700.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

606833.33

Forgiveness Date

06/02/2021

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