# PPP loan: ALTERNATIVES, INC.
> **$168K** approved 04/28/2020 · Paid in Full · Loan `9516147210`
## Borrower
- **Name:** ALTERNATIVES, INC.
- **Address:** 359 Fenwick Rd, Fort Monroe, VA, 23651
- **NAICS:** 624110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $94K (56%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 43
## Lender
- **Originating:** The Old Point National Bank of Phoebus
- **Servicing:** The Old Point National Bank of Phoebus (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*