ALG DIRECT (CO) - 2020 PPP Loan Borrower Profile (# 7687127003)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALG DIRECT. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Colorado.
Loan Detail
Loan Number
7687127003
SBA Office Code
0811
Processing Method
PPP
Curent Loan Amount
$689,700
Date Loan was Approved
Apr 8, 2020
Amount Forgiven
$
Date Loan was Forgiven
Loan Status
Charged Off
Loan Term
11 Months
Payroll Proced
689,700
Lender
FirstBank
Business Detail
Business Type
Corporation
NAICS
541870
Borrower Location
CASTLE ROCK, CO
Project Location
CASTLE ROCK, CO
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
51
Business Age Description
Existing or more than 2 years old
Data Source: SBA.