# PPP loan: ALTO LLC
> **$320K** approved 01/21/2021 · Paid in Full · Loan `3102718301`
## Borrower
- **Name:** ALTO LLC
- **Address:** 41 Cross St, Peabody, MA, 01960-1608
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** North Shore Bank, a Co-operative Bank
- **Servicing:** North Shore Bank, a Co-operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*