ALAM TRANS INC (IN) - 2020 PPP Loan Borrower Profile (# 7892487909)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAM TRANS INC. 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 Indiana.

Loan Detail

Loan Number
7892487909
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$10,490
Date Loan was Approved
Jun 17, 2020
Amount Forgiven
$10,619.36
Date Loan was Forgiven
Sep 16, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
2,000
Payroll Proced
5,000
Mortgage Interest Proceed
0
Rent Proceed
3,265
Refinance EIDL Proceed
0
Health Care Proceed
225
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association

Business Detail

Business Type
Corporation
NAICS
484121
Borrower Location
NOBLESVILLE, IN
Project Location
NOBLESVILLE, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.