# PPP loan: ELCOR CONSTRUCTION INC
> **$848K** approved 04/04/2020 · Paid in Full · Loan `4861307001`
## Borrower
- **Name:** ELCOR CONSTRUCTION INC
- **Address:** 123 CARLTON ST, ROCHESTER, MN, 55902-2804
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $848K
- **Initial approval:** $894K
- **Forgiven:** $855K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $848K
- **Jobs reported:** 58
## Lender
- **Originating:** Premier Bank Minnesota
- **Servicing:** Premier Bank Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*