# PPP loan: API CONSTRUCTION CORPORATION
> **$606K** approved 04/11/2020 · Paid in Full · Loan `2780367105`
## Borrower
- **Name:** API CONSTRUCTION CORPORATION
- **Address:** 11808 SR 205 E, LAOTTO, IN, 46763-0191
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $606K
- **Initial approval:** $606K
- **Forgiven:** $611K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $606K
- **Jobs reported:** 32
## Lender
- **Originating:** Farmers and Merchants Bank
- **Servicing:** Farmers and Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*