# PPP loan: DUCE CONSTRUCTION COMPANY
> **$1.31M** approved 04/11/2020 · Paid in Full · Loan `3509397100`
## Borrower
- **Name:** DUCE CONSTRUCTION COMPANY
- **Address:** 417 WILBUR AVENUE, CHAMPAIGN, IL, 61822-1319
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $980K
- **Rent:** $163K
- **Utilities:** $163K
- **Jobs reported:** 72
## Lender
- **Originating:** BankChampaign, National Association
- **Servicing:** BankChampaign, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*