# PPP loan: RACANELLI CONSTRUCTION COMPANY INC.
> **$2.13M** approved 04/13/2020 · Paid in Full · Loan `4352657101`
## Borrower
- **Name:** RACANELLI CONSTRUCTION COMPANY INC.
- **Address:** 1895 Walt Whitman Rd, MELVILLE, NY, 11747-3031
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.02M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.13M
- **Jobs reported:** 120
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*