ALADTEC INC (WI) - 2020 PPP Loan Borrower Profile (# 9356787007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALADTEC 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 Wisconsin.

Loan Detail

Loan Number

9356787007

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$709,800

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$716,168.48

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

44,362.5

Payroll Proced

532,350

Mortgage Interest Proceed

44,362.5

Rent Proceed

44,362.5

Debt Interest Proceed

44,362.5

Lender

MidWestOne Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541512

Borrower Location

RIVER FALLS, WI

Project Location

RIVER FALLS, WI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Change of Ownership

Data Source: SBA.