# PPP loan: ALLCO CONSTRUCTION INC.
> **$299K** approved 04/11/2020 · Paid in Full · Loan `2748207103`
## Borrower
- **Name:** ALLCO CONSTRUCTION INC.
- **Address:** 2000 KIRMAN AVE, RENO, NV, 89502-3515
- **NAICS:** 236117
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Health care:** $24K
- **Jobs reported:** 17
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*