PPP Loan information for Altec solutions, llc

$1,457,000

Altec solutions, llc was initially approved for PPP Loan of amount $1,457,000, the current approved amount is $1,457,000. The loan was approved on 04/07/2020 by The German American Bank reported 115 jobs and $1,457,000 was used to fund payroll.

Altec solutions, llc is Existing or more than 2 years old

PPP Loan Search / IN / CARMEL / Altec solutions, llc

ALTEC SOLUTIONS, LLC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ALTEC SOLUTIONS, LLC

Borrower Address

11550 N MERIDIAN ST

Borrower City

CARMEL

Borrower State

IN

Borrower Zip

46032-4514

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1457000.00

Current Approval Amount

1457000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARMEL

Project County Name

HAMILTON

Project State

IN

Project Zip

46032-4514

CD

IN-05

Jobs Reported

115

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1457000.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1466979.45

Forgiveness Date

12/28/2020

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