# PPP loan: ALEX APPAREL GROUP INC.
> **$1.52M** approved 01/20/2021 · Paid in Full · Loan `2437898306`
## Borrower
- **Name:** ALEX APPAREL GROUP INC.
- **Address:** 1407 Broadway, New York, NY, 10018-5100
- **NAICS:** 448130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.52M
- **Jobs reported:** 120
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*