# PPP loan: CEDRIC CONSTRUCTION CORP.
> **$364K** approved 04/27/2020 · Paid in Full · Loan `5316507208`
## Borrower
- **Name:** CEDRIC CONSTRUCTION CORP.
- **Address:** 2022 HIllside Avenue, New Hyde park, NY, 11040
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $364K
- **Initial approval:** $364K
- **Forgiven:** $369K (101%)
- **Forgiveness date:** 10/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $339K
- **Rent:** $10K
- **Utilities:** $2K
- **Health care:** $7K
- **Debt interest:** $6K
- **Jobs reported:** 20
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*