# PPP loan: FRAMECO CONSTRUCTION, INC.
> **$244K** approved 04/29/2020 · Paid in Full · Loan `2200797306`
## Borrower
- **Name:** FRAMECO CONSTRUCTION, INC.
- **Address:** 1678 CHASE LN, EL CAJON, CA, 92020-8306
- **NAICS:** 238130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $5K
- **Utilities:** $6K
- **Debt interest:** $1K
- **Jobs reported:** 12
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*