# PPP loan: ALMADAN, INC.
> **$478K** approved 04/11/2020 · Paid in Full · Loan `2797707107`
## Borrower
- **Name:** ALMADAN, INC.
- **Address:** 85 NORTH WHITNEY STREET PO BOX 518, AMHERST, MA, 01004-0518
- **NAICS:** 623220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $478K
- **Initial approval:** $478K
- **Forgiven:** $481K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $478K
- **Jobs reported:** 55
## Lender
- **Originating:** New Valley Bank & Trust
- **Servicing:** New Valley Bank & Trust (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*