# PPP loan: SIALIC CONTRACTORS CORPORATION
> **$1.39M** approved 02/25/2021 · Paid in Full · Loan `4254398501`
## Borrower
- **Name:** SIALIC CONTRACTORS CORPORATION
- **Address:** 12240 Woodruff Ave, Downey, CA, 90241-5608
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.40M (100%)
- **Forgiveness date:** 07/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.39M
- **Utilities:** $1
- **Jobs reported:** 77
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*