# PPP loan: ALLOY CONSTRUCTION SERVICES, INC
> **$293K** approved 04/03/2020 · Paid in Full · Loan `4380057008`
## Borrower
- **Name:** ALLOY CONSTRUCTION SERVICES, INC
- **Address:** 3500 CONTRACTORS CT, MIDLAND, MI, 48642-6962
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $296K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $32K
- **Utilities:** $4K
- **Health care:** $39K
- **Debt interest:** $13K
- **Jobs reported:** 25
## Lender
- **Originating:** 1st State Bank
- **Servicing:** 1st State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*