# PPP loan: ALTERNATIVE ROOFING SOLUTIONS, INC.
> **$388K** approved 04/13/2020 · Paid in Full · Loan `4246507109`
## Borrower
- **Name:** ALTERNATIVE ROOFING SOLUTIONS, INC.
- **Address:** 2216 GRAHAM PARK DR, CHARLOTTE, NC, 28273-6524
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $391K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Rent:** $58K
- **Utilities:** $39K
- **Jobs reported:** 38
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*