# PPP loan: BLUE ROCK CONSTRUCTION INC
> **$1.50M** approved 04/12/2020 · Paid in Full · Loan `4036797106`
## Borrower
- **Name:** BLUE ROCK CONSTRUCTION INC
- **Address:** 2324 2ND STREET PIKE, NEWTOWN, PA, 18940
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 88
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*