# PPP loan: MAJORITY BUILDERS INC
> **$1.26M** approved 04/06/2020 · Paid in Full · Loan `6279717010`
## Borrower
- **Name:** MAJORITY BUILDERS INC
- **Address:** 62900 US 31 S, SOUTH BEND, IN, 46614-4831
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Rent:** $26K
- **Utilities:** $6K
- **Health care:** $170K
- **Jobs reported:** 75
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*