# PPP loan: ALPHA MORTGAGE CORPORATION
> **$1.10M** approved 04/14/2020 · Exemption 4 · Loan `7424657105`
## Borrower
- **Name:** ALPHA MORTGAGE CORPORATION
- **Address:** 1320 AIRLIE RD, WILMINGTON, NC, 28403-3727
- **NAICS:** 522310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.10M
- **Jobs reported:** 112
## 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*