# PPP loan: ALAMANCE ENTERPRISE, INC.
> **$196K** approved 04/11/2020 · Paid in Full · Loan `3551337108`
## Borrower
- **Name:** ALAMANCE ENTERPRISE, INC.
- **Address:** 4584 KENTUCKY DR, PLANO, TX, 75024-3986
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $39K
- **Utilities:** $10K
- **Jobs reported:** 18
## Lender
- **Originating:** Shinhan Bank America
- **Servicing:** Shinhan Bank America (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*