# PPP loan: ALEX ENTERPRISES INC.
> **$249K** approved 04/04/2020 · Paid in Full · Loan `4718517002`
## Borrower
- **Name:** ALEX ENTERPRISES INC.
- **Address:** 750 Franklin St, HANSON, MA, 02341-1002
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $17K
- **Mortgage interest:** $13K
- **Utilities:** $4K
- **Health care:** $12K
- **Debt interest:** $4K
- **Jobs reported:** 19
## Lender
- **Originating:** Mechanics Cooperative Bank
- **Servicing:** Mechanics Cooperative Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*