# PPP loan: AALC INC
> **$539K** approved 03/13/2021 · Paid in Full · Loan `1368258608`
## Borrower
- **Name:** AALC INC
- **Address:** 617 N Cowan Ave, Lewisville, TX, 75057-3005
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $546K (101%)
- **Forgiveness date:** 07/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $539K
- **Utilities:** $1
- **Jobs reported:** 65
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*