ALTRA DRY, INC. (IN) - 2020 PPP Loan Borrower Profile (# 1543857406)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALTRA DRY, 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
1543857406
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$35,291.45
Date Loan was Approved
May 4, 2020
Amount Forgiven
$35,535.11
Date Loan was Forgiven
Jan 19, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
35,291.45
Lender
First Merchants Bank
Business Detail
Business Type
Corporation
NAICS
236220
Borrower Location
MOUNT SUMMIT, IN
Project Location
MOUNT SUMMIT, IN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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