# PPP loan: TERMAC CONSTRUCTION INC
> **$290K** approved 02/06/2021 · Paid in Full · Loan `4400848406`
## Borrower
- **Name:** TERMAC CONSTRUCTION INC
- **Address:** 7282 Dolphin St, Daphne, AL, 36526-7285
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $290K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*