# PPP loan: NELLO CONSTRUCTION CO., INC.
> **$400K** approved 05/01/2020 · Paid in Full · Loan `8524927301`
## Borrower
- **Name:** NELLO CONSTRUCTION CO., INC.
- **Address:** 2935  E.VICTORIA ST, PHILADELPHIA, PA, 19134-6221
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $405K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 32
## Lender
- **Originating:** Penn Community Bank
- **Servicing:** Penn Community Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*