ALTOONA GRAND HOTEL (PA) - 2020 PPP Loan Borrower Profile (# 7197347105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALTOONA GRAND HOTEL. 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 Pennsylvania.

Loan Detail

Loan Number

7197347105

SBA Office Code

0358

Processing Method

PPP

Curent Loan Amount

$233,780

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$236,104.99

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

31,445

Payroll Proced

175,335

Mortgage Interest Proceed

27,000

Rent Proceed

Refinance EIDL Proceed

Health Care Proceed

Debt Interest Proceed

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Altoona, PA

Project Location

Altoona, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.