# PPP loan: ALYN INDUSTRIES, INC.
> **$1.51M** approved 06/25/2020 · Paid in Full · Loan `3971848002`
## Borrower
- **Name:** ALYN INDUSTRIES, INC.
- **Address:** 16028 Arminta St., Van Nuys, CA, 91406
- **NAICS:** 334413
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 133
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*