# PPP loan: ALPHA PRECISION AEROSPACE, INC.
> **$314K** approved 04/05/2020 · Paid in Full · Loan `5118877006`
## Borrower
- **Name:** ALPHA PRECISION AEROSPACE, INC.
- **Address:** 19000 15 MILE RD, CLINTON TOWNSHIP, MI, 48035-2506
- **NAICS:** 332721
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $316K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Jobs reported:** 21
## Lender
- **Originating:** Oxford Bank
- **Servicing:** Oxford Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*