# PPP loan: AL PIEMONTE NISSAN INC.
> **$1.57M** approved 03/16/2021 · Paid in Full · Loan `3070928604`
## Borrower
- **Name:** AL PIEMONTE NISSAN INC.
- **Address:** 1600 W North Ave, Melrose Park, IL, 60160-1318
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.57M
- **Initial approval:** $1.57M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.57M
- **Jobs reported:** 128
## Lender
- **Originating:** Ally Bank
- **Servicing:** Ally Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*