# PPP loan: ALPHA FOUNDRY CO.
> **$227K** approved 04/11/2020 · Paid in Full · Loan `2802017107`
## Borrower
- **Name:** ALPHA FOUNDRY CO.
- **Address:** 60 Cooperative Way, WRIGHT CITY, MO, 63390-4000
- **NAICS:** 331513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Utilities:** $2K
- **Jobs reported:** 26
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*