# PPP loan: ALVES, INC.
> **$536K** approved 04/15/2020 · Paid in Full · Loan `9107907103`
## Borrower
- **Name:** ALVES, INC.
- **Address:** 4200 W END RD, ARCATA, CA, 95521-9508
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $540K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $536K
- **Jobs reported:** 65
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*