# PPP loan: FORMATION CONCRETE & GENERAL CONSTRUCTION INC.
> **$222K** approved 04/05/2020 · Paid in Full · Loan `5440627010`
## Borrower
- **Name:** FORMATION CONCRETE & GENERAL CONSTRUCTION INC.
- **Address:** 4250 VETERANS MEMORIAL HWY Suite 304E, BOHEMIA, NY, 11716-1018
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Jobs reported:** 15
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*