# PPP loan: ALAL LLC
> **$3.00M** approved 05/01/2020 · Paid in Full · Loan `8048357305`
## Borrower
- **Name:** ALAL LLC
- **Address:** 2221 LINCOLN PARK AVE, LOS ANGELES, CA, 90031
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.00M
- **Initial approval:** $3.00M
- **Forgiven:** $3.04M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.00M
- **Jobs reported:** 428
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*