Altec Products Inc.

$47,300 PPP Loan in Andover, Minnesota

Loan Details

Loan Number
7663097209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$47,300
Current Approval
$47,300
Forgiveness Amount
$47,627
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Altec Products Inc.
Address
14050 Lincoln St. NE Suit 200
ZIP Code
55304
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336310)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$47,300

Lender Information

Servicing Lender
Drake Bank
Originating Lender
Drake Bank

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