# PPP loan: GLENROY CONSTRUCTION CO. INC.
> **$600K** approved 04/06/2020 · Paid in Full · Loan `5961397008`
## Borrower
- **Name:** GLENROY CONSTRUCTION CO. INC.
- **Address:** 450 S RITTER AVE, INDIANAPOLIS, IN, 46219-7100
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $605K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $581K
- **Rent:** $6K
- **Utilities:** $13K
- **Jobs reported:** 30
## Lender
- **Originating:** State Bank
- **Servicing:** State Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*