# PPP loan: AL-MATT, INC.
> **$501K** approved 05/04/2020 · Paid in Full · Loan `1621147401`
## Borrower
- **Name:** AL-MATT, INC.
- **Address:** 201 E ROOSEVELT RD, LONG BEACH, CA, 90807-2609
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 135
## Lender
- **Originating:** First Secure Bank and Trust Co.
- **Servicing:** First Secure Bank and Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*