# PPP loan: NELLO CONSTRUCTION CO. INC.
> **$405K** approved 02/10/2021 · Paid in Full · Loan `6297268409`
## Borrower
- **Name:** NELLO CONSTRUCTION CO. INC.
- **Address:** 2935 E Victoria St, Philadelphia, PA, 19134-6221
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $405K
- **Jobs reported:** 30
## Lender
- **Originating:** Penn Community Bank
- **Servicing:** Penn Community Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*