# PPP loan: MICHAEL AIELLO CONSTRUCTION INC.
> **$268K** approved 01/25/2021 · Paid in Full · Loan `5294338308`
## Borrower
- **Name:** MICHAEL AIELLO CONSTRUCTION INC.
- **Address:** 344 Bayville Ave, Bayville, NY, 11709-1644
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $305K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 08/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 27
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*