ALTEX-MAR ELECTRONICS INC. (IN) - 2020 PPP Loan Borrower Profile (# 9699028305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTEX-MAR ELECTRONICS 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

9699028305

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$352,700

Date Loan was Approved

Jan 31, 2021

Amount Forgiven

$355,647.22

Date Loan was Forgiven

Dec 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

352,698

Lender

BMO Bank National Association

Business Detail

Business Type

Corporation

NAICS

334419

Borrower Location

Westfield, IN

Project Location

Westfield, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.