# PPP loan: ALLISON ENGINEERING GROUP INC
> **$220K** approved 02/11/2021 · Paid in Full · Loan `7181998408`
## Borrower
- **Name:** ALLISON ENGINEERING GROUP INC
- **Address:** 2415 N Elm St, Denton, TX, 76201-0816
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Inwood National Bank
- **Servicing:** Inwood National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*