# PPP loan: CONNELLY BUILDERS, INC.
> **$408K** approved 04/10/2020 · Paid in Full · Loan `2512567110`
## Borrower
- **Name:** CONNELLY BUILDERS, INC.
- **Address:** 125 Old Chapin Rd, LEXINGTON, SC, 29072
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $327K
- **Rent:** $41K
- **Utilities:** $41K
- **Jobs reported:** 26
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*