ALTO LLC (MA) - 2020 PPP Loan Borrower Profile (# 3102718301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTO LLC. 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

3102718301

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$319,690

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$323,561.8

Date Loan was Forgiven

Apr 14, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

319,684

Lender

North Shore Bank, a Co-operative Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Peabody, MA

Project Location

Peabody, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.