ALTOM TRANSPORT INC (IN) - 2020 PPP Loan Borrower Profile (# 7599528600)

Updated on April 18, 2025.

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

7599528600

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$2,000,000

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$2,021,666.67

Date Loan was Forgiven

May 2, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,999,998

Lender

Fifth Third Bank

Business Detail

Business Type

Corporation

NAICS

484220

Borrower Location

Hammond, IN

Project Location

Hammond, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

132

Business Age Description

Existing or more than 2 years old

Data Source: SBA.