# PPP loan: RAFFIN CONSTRUCTION COMPANY
> **$877K** approved 04/06/2020 · Paid in Full · Loan `5700107004`
## Borrower
- **Name:** RAFFIN CONSTRUCTION COMPANY
- **Address:** 744 E 113TH ST, CHICAGO, IL, 60628-5116
- **NAICS:** 238140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $886K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $658K
- **Mortgage interest:** $110K
- **Utilities:** $110K
- **Jobs reported:** 30
## Lender
- **Originating:** Beverly Bank & Trust Company, National Association
- **Servicing:** Beverly Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*