# PPP loan: ALGAVAN INC
> **$251K** approved 04/15/2020 · Paid in Full · Loan `8892087106`
## Borrower
- **Name:** ALGAVAN INC
- **Address:** 41 BISBEE CT UNIT B4, SANTA FE, NM, 87508-1450
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 23
## Lender
- **Originating:** Enterprise Bank & Trust
- **Servicing:** Enterprise Bank & Trust (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*