# PPP loan: RYAN CONSTRUCTION CO. INC
> **$448K** approved 04/27/2020 · Paid in Full · Loan `5208357203`
## Borrower
- **Name:** RYAN CONSTRUCTION CO. INC
- **Address:** 5064 PO BOX, SUFFOLK, VA, 23435-0064
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $448K
- **Initial approval:** $448K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Rent:** $52K
- **Utilities:** $5K
- **Health care:** $12K
- **Debt interest:** $1K
- **Jobs reported:** 35
## Lender
- **Originating:** Locus Bank Inc
- **Servicing:** Locus Bank Inc (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*