# PPP loan: ALMA 1 CONSTRUCTION INC
> **$185K** approved 02/09/2021 · Exemption 4 · Loan `5936418409`
## Borrower
- **Name:** ALMA 1 CONSTRUCTION INC
- **Address:** 1129 Sentinel Ct, Merced, CA, 95340-0677
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Forgiven:** $113K (61%)
- **Forgiveness date:** 11/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $185K
- **Jobs reported:** 25
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*