# PPP loan: STUDENT ALTERNATIVES PROGRAM, INC.
> **$177K** approved 05/01/2020 · Paid in Full · Loan `8609637307`
## Borrower
- **Name:** STUDENT ALTERNATIVES PROGRAM, INC.
- **Address:** 707 Lindberg Ave., McAllen, TX, 78501
- **NAICS:** 722511
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 29
## Lender
- **Originating:** Rio Bank
- **Servicing:** Rio Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*