# PPP loan: A.J. ALLEN MECHANICAL CONTRACTORS, INC.
> **$1.02M** approved 06/15/2020 · Paid in Full · Loan `5096797908`
## Borrower
- **Name:** A.J. ALLEN MECHANICAL CONTRACTORS, INC.
- **Address:** 320 S.E. 6TH ST, DES MOINES, IA, 50309-5122
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 70
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*