# PPP loan: PIMENTEL CONSTRUCTION CO INC
> **$199K** approved 04/07/2020 · Paid in Full · Loan `7309417010`
## Borrower
- **Name:** PIMENTEL CONSTRUCTION CO INC
- **Address:** 231 ANDOVER ST, WILMINGTON, MA, 01887-1001
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $10K
- **Utilities:** $1K
- **Health care:** $21K
- **Jobs reported:** 12
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*