# PPP loan: SPECIALIZED CONSTRUCTION AND UTILITY CORP
> **$232K** approved 02/11/2021 · Paid in Full · Loan `7120638401`
## Borrower
- **Name:** SPECIALIZED CONSTRUCTION AND UTILITY CORP
- **Address:** 208 Mulberry Street, Coleta, IL, 61081
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Community State Bank of Rock Falls
- **Servicing:** Community State Bank of Rock Falls (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*