# PPP loan: ALTERNATIVE ENERGY SYSTEMS, INC.
> **$813K** approved 04/14/2020 · Paid in Full · Loan `7624457109`
## Borrower
- **Name:** ALTERNATIVE ENERGY SYSTEMS, INC.
- **Address:** 13620 Highway 99, CHICO, CA, 95973-9481
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $813K
- **Initial approval:** $813K
- **Forgiven:** $820K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $813K
- **Jobs reported:** 68
## Lender
- **Originating:** Golden Valley Bank
- **Servicing:** Golden Valley Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*