# PPP loan: ALAMO CHANDLER LLC
> **$418K** approved 04/06/2020 · Charged Off · Loan `6359537004`
## Borrower
- **Name:** ALAMO CHANDLER LLC
- **Address:** 4955 S. Arizona Avenue, CHANDLER, AZ, 85248-4614
- **NAICS:** 512131
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $128K (31%)
- **Forgiveness date:** 08/09/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $313K
- **Rent:** $94K
- **Utilities:** $5K
- **Debt interest:** $5K
- **Jobs reported:** 91
## 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*