# PPP loan: THE ALDER CORPORATION
> **$242K** approved 04/15/2020 · Paid in Full · Loan `1980857208`
## Borrower
- **Name:** THE ALDER CORPORATION
- **Address:** 24300 El Toro Rd #A, LAGUNA WOODS, CA, 92637
- **NAICS:** 623312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 32
## Lender
- **Originating:** Hanmi Bank
- **Servicing:** Hanmi Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*