# PPP loan: ALTERNATIVE BUSINESS EQUIPMENT, INC
> **$1.20M** approved 04/05/2020 · Paid in Full · Loan `5523917009`
## Borrower
- **Name:** ALTERNATIVE BUSINESS EQUIPMENT, INC
- **Address:** 720 4TH ST, LAS VEGAS, NV, 89101-6743
- **NAICS:** 532420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $855K
- **Rent:** $275K
- **Utilities:** $13K
- **Health care:** $42K
- **Debt interest:** $14K
- **Jobs reported:** 85
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*