# PPP loan: ALPHA TECHNOLOGIES INC
> **$626K** approved 01/20/2021 · Paid in Full · Loan `2275158303`
## Borrower
- **Name:** ALPHA TECHNOLOGIES INC
- **Address:** 4003 Out Look Dr, Hurricane, WV, 25526-9468
- **NAICS:** 541519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Forgiven:** $634K (101%)
- **Forgiveness date:** 05/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $626K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** The Farmers Bank and Savings Company
- **Servicing:** The Farmers Bank and Savings Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*