# PPP loan: ALTERNATIVE ENERGY SOUTHEAST, INC.
> **$162K** approved 04/05/2020 · Paid in Full · Loan `5202187003`
## Borrower
- **Name:** ALTERNATIVE ENERGY SOUTHEAST, INC.
- **Address:** 615 DEER RUN SW, LILBURN, GA, 30047-2120
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $186K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Rent:** $2K
- **Utilities:** $900
- **Jobs reported:** 16
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*