# PPP loan: ALTMAN DISTRIBUTING COMPANY, INC.
> **$204K** approved 04/06/2020 · Paid in Full · Loan `5662477008`
## Borrower
- **Name:** ALTMAN DISTRIBUTING COMPANY, INC.
- **Address:** 11 OLD RIGHT RD UNIT B, IPSWICH, MA, 01938-1173
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $215K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Jobs reported:** 15
## 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*