# PPP loan: MINELLI CONSTRUCTION CO., INC.
> **$600K** approved 05/01/2020 · Paid in Full · Loan `1123527710`
## Borrower
- **Name:** MINELLI CONSTRUCTION CO., INC.
- **Address:** 850 SYLVAN AVE, BAYPORT, NY, 11705
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $612K (102%)
- **Forgiveness date:** 04/29/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Utilities:** $8K
- **Health care:** $17K
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*