# PPP loan: CONSTRUCTION MANAGEMENT & BUILDERS, INC
> **$1.53M** approved 04/13/2020 · Paid in Full · Loan `5117897108`
## Borrower
- **Name:** CONSTRUCTION MANAGEMENT & BUILDERS, INC
- **Address:** 75 Sylvan Street, Danvers, MA, 01923-2740
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $2.15M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Rent:** $102K
- **Jobs reported:** 102
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*