# PPP loan: CARCEL & G. CONSTRUCTION, LLC
> **$1.22M** approved 04/05/2020 · Paid in Full · Loan `5320937004`
## Borrower
- **Name:** CARCEL & G. CONSTRUCTION, LLC
- **Address:** 31 COUNTY ROAD 240, HANCEVILLE, AL, 35077-3520
- **NAICS:** 237310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.25M (102%)
- **Forgiveness date:** 08/29/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Jobs reported:** 120
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*