ALMADAN, INC. (MA) - 2020 PPP Loan Borrower Profile (# 2797707107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALMADAN, 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 Massachusetts.

Loan Detail

Loan Number

2797707107

SBA Office Code

0130

Processing Method

PPP

Curent Loan Amount

$477,764.24

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$480,931.88

Date Loan was Forgiven

Dec 16, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

477,764.24

Lender

New Valley Bank & Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

623220

Borrower Location

AMHERST, MA

Project Location

AMHERST, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.