# PPP loan: SUAREZ & MUNOZ CONSTRUCTION, INC.
> **$1.44M** approved 04/10/2020 · Paid in Full · Loan `2124347101`
## Borrower
- **Name:** SUAREZ & MUNOZ CONSTRUCTION, INC.
- **Address:** 2490 American Avenue, HAYWARD, CA, 94545-1810
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.45M (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $826K
- **Rent:** $40K
- **Utilities:** $6K
- **Health care:** $565K
- **Debt interest:** $3K
- **Jobs reported:** 70
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*