# PPP loan: ALGENOL BIOTECH LLC
> **$1.34M** approved 05/08/2020 · Paid in Full · Loan `3773137407`
## Borrower
- **Name:** ALGENOL BIOTECH LLC
- **Address:** 16121 LEE ROAD SUITE 110, FORT MYERS, FL, 33912
- **NAICS:** 541714
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.35M (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.34M
- **Jobs reported:** 31
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*