# PPP loan: ALTERRI DISTRIBUTION CENTER, LLC
> **$232K** approved 04/11/2020 · Paid in Full · Loan `3083037110`
## Borrower
- **Name:** ALTERRI DISTRIBUTION CENTER, LLC
- **Address:** 9002 KILLAM INDUSTRIAL BLVD, LAREDO, TX, 78045-2012
- **NAICS:** 425120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $217K (93%)
- **Forgiveness date:** 09/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Mortgage interest:** $29K
- **Utilities:** $29K
- **Jobs reported:** 41
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*