# PPP loan: ALCAR CONSTRUCTORS, INC.
> **$423K** approved 04/29/2020 · Paid in Full · Loan `2001127301`
## Borrower
- **Name:** ALCAR CONSTRUCTORS, INC.
- **Address:** 4425 REPUBLIC CT, CONCORD, NC, 28027
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $423K
- **Jobs reported:** 34
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*