# PPP loan: ALPS GROUP 2 INC
> **$265K** approved 05/01/2020 · Paid in Full · Loan `1613097704`
## Borrower
- **Name:** ALPS GROUP 2 INC
- **Address:** 2725 PALOMAR AIRPORT RD, CARLSBAD, CA, 92009
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $40K
- **Utilities:** $20K
- **Jobs reported:** 26
## 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*