# PPP loan: ALM OF NEW ENGLAND LLC
> **$261K** approved 04/14/2020 · Paid in Full · Loan `7240757106`
## Borrower
- **Name:** ALM OF NEW ENGLAND LLC
- **Address:** 129 Lincoln Ave, Manchester Center, VT, 05255
- **NAICS:** 531311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $125K (48%)
- **Forgiveness date:** 07/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 4
## Lender
- **Originating:** Mascoma Bank
- **Servicing:** Mascoma Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*