# PPP loan: ALPHA SWISS INDUSTRIES, INC.
> **$268K** approved 04/08/2020 · Paid in Full · Loan `8432437005`
## Borrower
- **Name:** ALPHA SWISS INDUSTRIES, INC.
- **Address:** 700 TEK DR, CRYSTAL LAKE, IL, 60014-8100
- **NAICS:** 332722
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Rent:** $40K
- **Utilities:** $27K
- **Jobs reported:** 20
## Lender
- **Originating:** Crystal Lake Bank & Trust Company, National Association
- **Servicing:** Crystal Lake Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*