# PPP loan: ALCC, LLC
> **$428K** approved 04/09/2020 · Paid in Full · Loan `9951987002`
## Borrower
- **Name:** ALCC, LLC
- **Address:** 5501 Fishtrap Rd. Suite 331, Denton, TX, 76208-1515
- **NAICS:** 561730
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $428K
- **Initial approval:** $428K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Mortgage interest:** $8K
- **Jobs reported:** 62
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*