# PPP loan: ALCHERA INCORPORATED
> **$586K** approved 04/30/2020 · Paid in Full · Loan `4796167304`
## Borrower
- **Name:** ALCHERA INCORPORATED
- **Address:** 45 QUAIL CT STE 300, WALNUT CREEK, CA, 94596
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $586K
- **Initial approval:** $586K
- **Forgiven:** $591K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $586K
- **Jobs reported:** 35
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*