# PPP loan: ALVACO, INC
> **$307K** approved 04/08/2020 · Paid in Full · Loan `8305257007`
## Borrower
- **Name:** ALVACO, INC
- **Address:** 253 N. BERRY ST, BREA, CA, 92821-3141
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $325K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 23
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*