# PPP loan: ALPHA I. INCORPORATED
> **$409K** approved 04/08/2020 · Paid in Full · Loan `8166877004`
## Borrower
- **Name:** ALPHA I. INCORPORATED
- **Address:** 600 Apgar Drive, SOMERSET, NJ, 08873-1180
- **NAICS:** 424120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $412K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Utilities:** $102K
- **Jobs reported:** 33
## Lender
- **Originating:** Unity Bank
- **Servicing:** Unity Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*