# PPP loan: ALUMI-COVER AWNING CO., INC.
> **$337K** approved 04/12/2020 · Paid in Full · Loan `3939877102`
## Borrower
- **Name:** ALUMI-COVER AWNING CO., INC.
- **Address:** 604 W Mckellips Rd, MESA, AZ, 85201-1200
- **NAICS:** 332323
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Mortgage interest:** $67K
- **Utilities:** $17K
- **Jobs reported:** 32
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*