# PPP loan: AMORIM CONSTRUCTION CORPORATION
> **$438K** approved 04/29/2020 · Paid in Full · Loan `2748247300`
## Borrower
- **Name:** AMORIM CONSTRUCTION CORPORATION
- **Address:** 2160 Marymont Rd., Silver Spring, MD, 20906
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $340K (78%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Rent:** $44K
- **Mortgage interest:** $44K
- **Utilities:** $22K
- **Jobs reported:** 35
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*