# PPP loan: ALLE PROCESSING CORP
> **$4.12M** approved 04/10/2020 · Paid in Full · Loan `1712017109`
## Borrower
- **Name:** ALLE PROCESSING CORP
- **Address:** 5620 59th Street. 0.0, Maspeth, NY, 11378-2314
- **NAICS:** 311612
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.12M
- **Initial approval:** $4.12M
- **Forgiven:** $4.18M (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.71M
- **Utilities:** $270K
- **Health care:** $82K
- **Debt interest:** $62K
- **Jobs reported:** 454
## 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*