# PPP loan: ALPHA SYSTEMS, LLC
> **$2.78M** approved 04/05/2020 · Paid in Full · Loan `5311357005`
## Borrower
- **Name:** ALPHA SYSTEMS, LLC
- **Address:** 5120 Beck Dr, ELKHART, IN, 46516-9512
- **NAICS:** 325520
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.78M
- **Initial approval:** $2.78M
- **Forgiven:** $2.81M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.08M
- **Rent:** $324K
- **Utilities:** $250K
- **Health care:** $120K
- **Jobs reported:** 359
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*