# PPP loan: ALTRA CORPORATION
> **$351K** approved 04/08/2020 · Paid in Full · Loan `8552827009`
## Borrower
- **Name:** ALTRA CORPORATION
- **Address:** 20060 177TH STREET NW, BIG LAKE, MN, 55309-8015
- **NAICS:** 531190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 27
## Lender
- **Originating:** Minnesota Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*