# PPP loan: REAGAN CONSTRUCTION CORP.
> **$195K** approved 04/30/2020 · Paid in Full · Loan `5431447307`
## Borrower
- **Name:** REAGAN CONSTRUCTION CORP.
- **Address:** 121 Greene Lane, Middletown, RI, 02842
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $24K
- **Utilities:** $24K
- **Jobs reported:** 11
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*