# PPP loan: ALTRON INC
> **$1.43M** approved 04/14/2020 · Paid in Full · Loan `7332007101`
## Borrower
- **Name:** ALTRON INC
- **Address:** 854 LOWCOUNTRY BLVD STE 100, MOUNT PLEASANT, SC, 29464-3081
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.43M
- **Initial approval:** $1.43M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Rent:** $15K
- **Jobs reported:** 121
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*