# PPP loan: UNITED CONSTRUCTION COMPANY
> **$378K** approved 04/06/2020 · Paid in Full · Loan `6264637007`
## Borrower
- **Name:** UNITED CONSTRUCTION COMPANY
- **Address:** 300 Trails Rd, ELDRIDGE, IA, 52748-9336
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $35K
- **Mortgage interest:** $10K
- **Utilities:** $22K
- **Health care:** $41K
- **Jobs reported:** 27
## Lender
- **Originating:** IH Mississippi Valley Credit Union
- **Servicing:** IH Mississippi Valley Credit Union (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*