# PPP loan: ALAMO TEMPE LLC
> **$358K** approved 04/05/2020 · Charged Off · Loan `5437217004`
## Borrower
- **Name:** ALAMO TEMPE LLC
- **Address:** 1140 E. Baseline Rd, TEMPE, AZ, 85283-1376
- **NAICS:** 711110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $151K (42%)
- **Forgiveness date:** 08/09/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $269K
- **Rent:** $80K
- **Utilities:** $5K
- **Health care:** $5K
- **Jobs reported:** 83
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*