# PPP loan: NC CONTRACTORS INC
> **$1.88M** approved 05/25/2021 · Paid in Full · Loan `7274199007`
## Borrower
- **Name:** NC CONTRACTORS INC
- **Address:** 1328 Sheldon Rd, Channelview, TX, 77530-2602
- **NAICS:** 238990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 04/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.87M
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*