# PPP loan: ALLTECH BUILDING SYSTEMS INC
> **$206K** approved 04/27/2020 · Paid in Full · Loan `5397357201`
## Borrower
- **Name:** ALLTECH BUILDING SYSTEMS INC
- **Address:** 1182 MAIN ST, SOUTH WEYMOUTH, MA, 02190-1559
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $14K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Jobs reported:** 17
## Lender
- **Originating:** Coastal Heritage Bank
- **Servicing:** Coastal Heritage Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*