ALTA TECHNOLOGIES, INC. (MN) - 2020 PPP Loan Borrower Profile (# 9991957009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTA TECHNOLOGIES, 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 Minnesota.

Loan Detail

Loan Number
9991957009
SBA Office Code
0508
Processing Method
PPP
Curent Loan Amount
$808,780
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$814,807.07
Date Loan was Forgiven
Jan 14, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
40,438
Payroll Proced
606,586
Rent Proceed
161,756
Lender
Tradition Capital Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
423430
Borrower Location
MINNEAPOLIS, MN
Project Location
MINNEAPOLIS, MN
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
Yes
Jobs Reported
57
Business Age Description
Existing or more than 2 years old
Data Source: SBA.