# PPP loan: MAY CONTRACTING INC
> **$263K** approved 04/11/2020 · Paid in Full · Loan `3005457101`
## Borrower
- **Name:** MAY CONTRACTING INC
- **Address:** 12354 VIRGINIA BLVD, ASHLAND, KY, 41102-8644
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Rent:** $66K
- **Jobs reported:** 15
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*