# PPP loan: PROGRADE CONSTRUCTION INC
> **$521K** approved 04/28/2020 · Paid in Full · Loan `6433437204`
## Borrower
- **Name:** PROGRADE CONSTRUCTION INC
- **Address:** 24-49 89th Street 1st Floor, East Elmhurst, NY, 11369
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $521K
- **Initial approval:** $521K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $8K
- **Utilities:** $3K
- **Jobs reported:** 41
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*