# PPP loan: HASTINGS CONSTRUCTION INC
> **$356K** approved 01/27/2021 · Exemption 4 · Loan `6866648308`
## Borrower
- **Name:** HASTINGS CONSTRUCTION INC
- **Address:** 316 Mid Valley Ctr PMB 161, Carmel, CA, 93923-8516
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $356K
- **Initial approval:** $356K
- **Forgiven:** $277K (78%)
- **Forgiveness date:** 02/16/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $356K
- **Jobs reported:** 32
## Lender
- **Originating:** MVB Bank, Inc.
- **Servicing:** MVB Bank, Inc. (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*