# PPP loan: GLENELG CONSTRUCTION INC.
> **$563K** approved 02/11/2021 · Paid in Full · Loan `7411118409`
## Borrower
- **Name:** GLENELG CONSTRUCTION INC.
- **Address:** 7410 Coca Cola Dr Ste 211, Hanover, MD, 21076-1394
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $570K (101%)
- **Forgiveness date:** 04/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $563K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** BayVanguard Bank
- **Servicing:** BayVanguard Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*