# PPP loan: ALA ARCHITECTS & PLANNERS, INC.
> **$150K** approved 04/08/2020 · Paid in Full · Loan `8654637001`
## Borrower
- **Name:** ALA ARCHITECTS & PLANNERS, INC.
- **Address:** 2600 Behan Road Route 176, Crystal Lake, IL, 60014-2225
- **NAICS:** 541310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 13
## Lender
- **Originating:** Michigan State University Federal Credit Union
- **Servicing:** Michigan State University FCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*