# PPP loan: CBC CONSTRUCTION CO INC
> **$151K** approved 03/10/2021 · Paid in Full · Loan `8798778504`
## Borrower
- **Name:** CBC CONSTRUCTION CO INC
- **Address:** 61 Elm St, Danvers, MA, 01923-2892
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $151K
- **Jobs reported:** 10
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*