# PPP loan: ALMA FAMILY SERVICES
> **$2.61M** approved 05/18/2020 · Paid in Full · Loan `8405947402`
## Borrower
- **Name:** ALMA FAMILY SERVICES
- **Address:** 900 CORPORATE CENTER DR #350, MONTEREY PARK, CA, 91754-7620
- **NAICS:** 621420
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.61M
- **Initial approval:** $2.63M
- **Forgiven:** $2.64M (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.61M
- **Jobs reported:** 228
## Lender
- **Originating:** Preferred Bank
- **Servicing:** Preferred Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*