# PPP loan: ALFAGOMMA AMERICA INC
> **$650K** approved 04/30/2020 · Paid in Full · Loan `5591127304`
## Borrower
- **Name:** ALFAGOMMA AMERICA INC
- **Address:** 3520 West Ave, Burlington, IA, 52601
- **NAICS:** 332912
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $657K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $650K
- **Jobs reported:** 85
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*