# PPP loan: NEW ENGLAND CONSTRUCTION CO., INC.
> **$817K** approved 04/06/2020 · Paid in Full · Loan `5896867010`
## Borrower
- **Name:** NEW ENGLAND CONSTRUCTION CO., INC.
- **Address:** 293 BOURNE AVE, RUMFORD, RI, 02916-3345
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $817K
- **Initial approval:** $817K
- **Forgiven:** $826K (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $749K
- **Utilities:** $18K
- **Health care:** $50K
- **Jobs reported:** 29
## Lender
- **Originating:** Bristol County Savings Bank
- **Servicing:** Bristol County Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*