# PPP loan: ALDER CONSTRUCTION COMPANY
> **$1.47M** approved 04/10/2020 · Paid in Full · Loan `2253977109`
## Borrower
- **Name:** ALDER CONSTRUCTION COMPANY
- **Address:** 3939 South 500 West 0.0, Salt Lake City, UT, 84123-1359
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.48M (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Rent:** $13K
- **Utilities:** $2K
- **Health care:** $146K
- **Jobs reported:** 109
## 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*