# PPP loan: ROLAND BUILDER INC
> **$242K** approved 04/08/2020 · Paid in Full · Loan `8311037007`
## Borrower
- **Name:** ROLAND BUILDER INC
- **Address:** 920 Tolman Street, MECHANICSBURG, PA, 17055-7533
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Utilities:** $48K
- **Jobs reported:** 17
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*