# PPP loan: JOHN PETROCELLI CONSTRUCTION INC
> **$343K** approved 02/06/2021 · Paid in Full · Loan `4131008402`
## Borrower
- **Name:** JOHN PETROCELLI CONSTRUCTION INC
- **Address:** 7E Abbott Ave, Palisades Park, NJ, 07650-1401
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $343K
- **Initial approval:** $343K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $343K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*