ALTSOURCE, INC. (OR) - 2020 PPP Loan Borrower Profile (# 1670367208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTSOURCE, 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 Oregon.

Loan Detail

Loan Number

1670367208

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$2,936,705

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$2,970,121.44

Date Loan was Forgiven

Jun 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,000

Payroll Proced

2,526,705

Mortgage Interest Proceed

Rent Proceed

140,000

Refinance EIDL Proceed

Health Care Proceed

250,000

Debt Interest Proceed

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541511

Borrower Location

PORTLAND, OR

Project Location

PORTLAND, OR

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

146

Business Age Description

Existing or more than 2 years old

Data Source: SBA.