# PPP loan: ALTON PBG GROUP INC
> **$416K** approved 05/01/2020 · Paid in Full · Loan `1062087704`
## Borrower
- **Name:** ALTON PBG GROUP INC
- **Address:** 305 EDGEWOOD DR, WEST PALM BEACH, FL, 33405
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $420K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Rent:** $104K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*