# PPP loan: ALPEMI INC.
> **$348K** approved 01/22/2021 · Paid in Full · Loan `3702098309`
## Borrower
- **Name:** ALPEMI INC.
- **Address:** 182 Grand Oak Cir, Venice, FL, 34292-2435
- **NAICS:** 722511
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*