# PPP loan: ALCOTEK INC.
> **$379K** approved 03/13/2021 · Paid in Full · Loan `1862848603`
## Borrower
- **Name:** ALCOTEK INC.
- **Address:** 150 Hanley Industrial Ct, Saint Louis, MO, 63144-1515
- **NAICS:** 334519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $379K
- **Initial approval:** $379K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $379K
- **Jobs reported:** 26
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*