PPP Loan information for Altsource, inc.

$2,936,705

Altsource, inc. was initially approved for PPP Loan of amount $2,936,705, the current approved amount is $2,936,705. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 146 jobs and $2,936,705 was used to fund payroll.

Altsource, inc. is Existing or more than 2 years old

ALTSOURCE, INC.

Date Approved

04/15/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ALTSOURCE, INC.

Borrower Address

1120 SE MADISON ST

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97214

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2936705.00

Current Approval Amount

2936705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97214-0001

CD

OR-03

Jobs Reported

146

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

2526705.00

Mortgage Interest Proceed

0.00

Rent Proceed

140000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

250000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2970121.44

Forgiveness Date

06/09/2021

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