# PPP loan: ELM GENERAL CONSTRUCTION
> **$768K** approved 04/29/2020 · Paid in Full · Loan `3916337308`
## Borrower
- **Name:** ELM GENERAL CONSTRUCTION
- **Address:** 34 E MAIN ST, SMITHTOWN, NY, 11787-2804
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $614K
- **Rent:** $153K
- **Jobs reported:** 50
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*