# PPP loan: PALMAR CONSTRUCTION
> **$196K** approved 03/15/2021 · Paid in Full · Loan `2705018602`
## Borrower
- **Name:** PALMAR CONSTRUCTION
- **Address:** 769 Grace St, Herndon, VA, 20170-3706
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $298K
- **Forgiven:** $197K (100%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 12
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*