# PPP loan: JOHN E MEADOR CONSTRUCTION, INC.
> **$1.42M** approved 01/16/2021 · Charged Off · Loan `1277538309`
## Borrower
- **Name:** JOHN E MEADOR CONSTRUCTION, INC.
- **Address:** 905 E MURCHISON AVE, ELDORADO, TX, 76936
- **NAICS:** 237120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.01M (71%)
- **Forgiveness date:** 02/25/2022
- **Status:** Charged Off
- **Term:** 37 months
## Use of funds
- **Payroll:** $1.42M
- **Utilities:** $1
- **Jobs reported:** 64
## Lender
- **Originating:** The First National Bank of Eldorado
- **Servicing:** The First National Bank of Eldorado (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*