# PPP loan: ALL-RITE CONSTRUCTION, INC.
> **$555K** approved 04/10/2020 · Paid in Full · Loan `1392537101`
## Borrower
- **Name:** ALL-RITE CONSTRUCTION, INC.
- **Address:** 539 Oliver Ross Dr. NW, Albuquerque, NM, 87121-5322
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $561K (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Jobs reported:** 59
## Lender
- **Originating:** Sandia Laboratory FCU
- **Servicing:** Sandia Laboratory FCU (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*