# PPP loan: ALPHA RESEARCH & TECHNOLOGY INC
> **$456K** approved 03/28/2021 · Paid in Full · Loan `2061618707`
## Borrower
- **Name:** ALPHA RESEARCH & TECHNOLOGY INC
- **Address:** 5175 Hillsdale Cir Ste 100, Folsom, CA, 95762-5776
- **NAICS:** 334111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $456K
- **Initial approval:** $456K
- **Forgiven:** $460K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $456K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*