PPP Loan information for Altos federal group, inc

$447,500

Altos federal group, inc was initially approved for PPP Loan of amount $447,500, the current approved amount is $447,500. The loan was approved on 04/28/2020 by The United Bank reported 40 jobs and $447,500 was used to fund payroll.

Altos federal group, inc is Existing or more than 2 years old

ALTOS FEDERAL GROUP, INC

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ALTOS FEDERAL GROUP, INC

Borrower Address

10320 LITTLE PATUXENT PKWY

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21044-3313

Loan Status Date

11/11/2021

Loan Status

Charged Off

Term

9

SBA Guaranty Percentage

100

Initial Approval Amount

447500.00

Current Approval Amount

447500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21044-3313

CD

MD-03

Jobs Reported

40

NAICS Code

622110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

447500.00

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

Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;