# PPP loan: ALARD EQUIPMENT CORPORATION
> **$208K** approved 04/15/2020 · Paid in Full · Loan `8026697105`
## Borrower
- **Name:** ALARD EQUIPMENT CORPORATION
- **Address:** 6483 Lake Avenue, Williamson, NY, 14589
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Utilities:** $3K
- **Health care:** $25K
- **Jobs reported:** 14
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*