# PPP loan: ALO CINEMA ONE INC.
> **$721K** approved 04/14/2020 · Paid in Full · Loan `6613387101`
## Borrower
- **Name:** ALO CINEMA ONE INC.
- **Address:** 18-01 River Road, FAIR LAWN, NJ, 07410
- **NAICS:** 722310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $721K
- **Initial approval:** $721K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $721K
- **Jobs reported:** 123
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*