# PPP loan: ALEGRECARE INC.
> **$1.51M** approved 05/01/2020 · Paid in Full · Loan `8750587304`
## Borrower
- **Name:** ALEGRECARE INC.
- **Address:** 5767 Broadway Suite 201, Oakland, CA, 94618
- **NAICS:** 624120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 450
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*