AALANCO SERVICE CORPORATION (MA) - 2020 PPP Loan Borrower Profile (# 9808028305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AALANCO SERVICE CORPORATION. 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 Massachusetts.

Loan Detail

Loan Number
9808028305
SBA Office Code
0101
Processing Method
PPS
Curent Loan Amount
$625,379
Date Loan was Approved
Jan 31, 2021
Amount Forgiven
$632,215.33
Date Loan was Forgiven
Mar 17, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
625,377
Lender
Northeast Bank

Business Detail

Business Type
Corporation
NAICS
238220
Borrower Location
Westborough, MA
Project Location
Westborough, MA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
33
Business Age Description
Existing or more than 2 years old
Data Source: SBA.