# PPP loan: ALDEC INC
> **$289K** approved 04/30/2020 · Paid in Full · Loan `4647137302`
## Borrower
- **Name:** ALDEC INC
- **Address:** 2260 CORPORATE CIR STE 400, HENDERSON, NV, 89074-7701
- **NAICS:** 541511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $294K (102%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $34K
- **Utilities:** $3K
- **Health care:** $30K
- **Jobs reported:** 15
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*