# PPP loan: ALVARADO MICRO PRECISION INC
> **$248K** approved 02/19/2021 · Paid in Full · Loan `1517288502`
## Borrower
- **Name:** ALVARADO MICRO PRECISION INC
- **Address:** 2389 La Mirada Dr, Vista, CA, 92081-7863
- **NAICS:** 332721
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*