# PPP loan: CELCO CONSTRUCTION CORP
> **$278K** approved 04/03/2020 · Paid in Full · Loan `4439617005`
## Borrower
- **Name:** CELCO CONSTRUCTION CORP
- **Address:** 39 Mt. Ash Lane, PEMBROKE, MA, 02359-2006
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Rent:** $19K
- **Mortgage interest:** $19K
- **Utilities:** $19K
- **Jobs reported:** 13
## Lender
- **Originating:** Coastal Heritage Bank
- **Servicing:** Coastal Heritage Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*