# PPP loan: ALPHATEC SPINE INC
> **$4.27M** approved 04/15/2020 · Paid in Full · Loan `1260967208`
## Borrower
- **Name:** ALPHATEC SPINE INC
- **Address:** 5818 El Camino Real, Carlsbad, CA, 92008
- **NAICS:** 423450
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $4.27M
- **Initial approval:** $4.27M
- **Forgiven:** $4.32M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.27M
- **Jobs reported:** 234
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*