ALANO INC. (IN) - 2020 PPP Loan Borrower Profile (# 1880658304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALANO 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

1880658304

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$52,100

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$52,374.06

Date Loan was Forgiven

Aug 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

52,095

Lender

The Hometown Savings Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

623220

Borrower Location

Terre Haute, IN

Project Location

Terre Haute, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.