# PPP loan: J. PHELAN CONSTRUCTION CO., INC.
> **$318K** approved 04/27/2020 · Paid in Full · Loan `3849157203`
## Borrower
- **Name:** J. PHELAN CONSTRUCTION CO., INC.
- **Address:** 50 North New York Ave., Suite 22, Huntington, NY, 11743
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $32K
- **Health care:** $48K
- **Jobs reported:** 14
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*