# PPP loan: KELCO CONSTRUCTION INC
> **$2.00M** approved 02/20/2021 · Paid in Full · Loan `2347138504`
## Borrower
- **Name:** KELCO CONSTRUCTION INC
- **Address:** 25 Newton Pl, Hauppauge, NY, 11788-4751
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Dime Community Bank
- **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*