# PPP loan: ALTO PRODUCTS CORP AL
> **$1.92M** approved 04/06/2020 · Paid in Full · Loan `5941217003`
## Borrower
- **Name:** ALTO PRODUCTS CORP AL
- **Address:** 1 Alto Way, ATMORE, AL, 36502-1018
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.92M
- **Jobs reported:** 253
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*