# PPP loan: STAY ALFRED, INC
> **$3.17M** approved 04/08/2020 · Charged Off · Loan `8701647008`
## Borrower
- **Name:** STAY ALFRED, INC
- **Address:** 2818 N SULLIVAN RD STE 100, SPOKANE, WA, 99216-5074
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.17M
- **Initial approval:** $3.17M
- **Forgiven:** $1.88M (60%)
- **Forgiveness date:** 02/02/2022
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $3.17M
- **Jobs reported:** 249
## Lender
- **Originating:** Glacier Bank
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*