# PPP loan: PADULA BUILDERS INC
> **$205K** approved 03/17/2021 · Paid in Full · Loan `3635618603`
## Borrower
- **Name:** PADULA BUILDERS INC
- **Address:** 2430 Highway 34 Bldg A Ste 210, Manasquan, NJ, 08736-1806
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Manasquan Bank
- **Servicing:** Manasquan Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*