# PPP loan: ALCO GENERAL CONTRACTORS
> **$727K** approved 04/29/2020 · Paid in Full · Loan `2669017303`
## Borrower
- **Name:** ALCO GENERAL CONTRACTORS
- **Address:** 2539 MERCANTILE DR STE 3, RANCHO CORDOVA, CA, 95742
- **NAICS:** 238170
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $727K
- **Initial approval:** $727K
- **Forgiven:** $732K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $713K
- **Rent:** $13K
- **Utilities:** $1K
- **Jobs reported:** 125
## Lender
- **Originating:** FinWise Bank
- **Servicing:** FinWise Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*