# PPP loan: JOSEPH RIZZO & SONS CONSTRUCTION COMPANY
> **$1.41M** approved 04/15/2020 · Paid in Full · Loan `8123327101`
## Borrower
- **Name:** JOSEPH RIZZO & SONS CONSTRUCTION COMPANY
- **Address:** 13 Rizzo Avenue, New Castle, DE, 19720
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $824K
- **Rent:** $6K
- **Mortgage interest:** $9K
- **Utilities:** $4K
- **Health care:** $573K
- **Jobs reported:** 71
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*