# PPP loan: ALP INDUSTRIES, INC.
> **$1.23M** approved 04/14/2020 · Paid in Full · Loan `7929387102`
## Borrower
- **Name:** ALP INDUSTRIES, INC.
- **Address:** 512 N. Market St., Suite 100, PA, 17603
- **NAICS:** 332618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $910K
- **Rent:** $245K
- **Health care:** $70K
- **Debt interest:** $8K
- **Jobs reported:** 111
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*