Alto Music of Orange County Inc.

$605,700 PPP Loan in Middletown, New York

Loan Details

Loan Number
8566207110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$605,700
Current Approval
$605,700
Forgiveness Amount
$611,989
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alto Music of Orange County Inc.
Address
180 Carpenter Avenue
ZIP Code
10940
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (451140)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$13.7M
Rural/Urban
Urban
Congressional District
NY-18

Loan Use Breakdown

Payroll
$459,490
Rent
$70,710
Utilities
$23,000
Health Care
$28,500
Debt Interest
$24,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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