# PPP loan: DIVCO CONSTRUCTION CORP
> **$293K** approved 04/10/2020 · Paid in Full · Loan `1231407107`
## Borrower
- **Name:** DIVCO CONSTRUCTION CORP
- **Address:** 6628 Willow Park Dr, NAPLES, FL, 34109-8916
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $293K
- **Initial approval:** $293K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $25K
- **Utilities:** $18K
- **Jobs reported:** 22
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*