# PPP loan: PELLETIER CONSTRUCTION, INC.
> **$1.25M** approved 04/14/2020 · Paid in Full · Loan `6371577106`
## Borrower
- **Name:** PELLETIER CONSTRUCTION, INC.
- **Address:** 2716 VASSAR PL NE, ALBUQUERQUE, NM, 87107
- **NAICS:** 236116
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 103
## Lender
- **Originating:** New Mexico Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*