# PPP loan: ALAMO MIT LLC
> **$967K** approved 04/05/2020 · Paid in Full · Loan `5116367002`
## Borrower
- **Name:** ALAMO MIT LLC
- **Address:** 9800 SAN PEDRO AVE, SAN ANTONIO, TX, 78216-4434
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $967K
- **Initial approval:** $967K
- **Forgiven:** $976K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $725K
- **Mortgage interest:** $121K
- **Utilities:** $121K
- **Jobs reported:** 66
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*