# PPP loan: J.P.S. CONSTRUCTION COMPANY, INC.
> **$652K** approved 04/15/2020 · Paid in Full · Loan `2102227208`
## Borrower
- **Name:** J.P.S. CONSTRUCTION COMPANY, INC.
- **Address:** 112 Maple Avenue, GLENSIDE, PA, 19038
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $652K
- **Initial approval:** $652K
- **Forgiven:** $657K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $489K
- **Rent:** $65K
- **Mortgage interest:** $33K
- **Utilities:** $65K
- **Jobs reported:** 35
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*