# PPP loan: PAX CONSTRUCTION CORP
> **$347K** approved 04/30/2020 · Paid in Full · Loan `7524437302`
## Borrower
- **Name:** PAX CONSTRUCTION CORP
- **Address:** 65-57 Highway 36, WEST LONG BRANCH, NJ, 07764
- **NAICS:** 238140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Jobs reported:** 26
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*