# PPP loan: RIVERS CONSTRUCTION GROUP LTD
> **$1.85M** approved 04/15/2020 · Paid in Full · Loan `8984517101`
## Borrower
- **Name:** RIVERS CONSTRUCTION GROUP LTD
- **Address:** 8594 Old Dorsey Run Road, Jessup, MD, 20794
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Rent:** $80K
- **Utilities:** $20K
- **Health care:** $40K
- **Debt interest:** $59K
- **Jobs reported:** 142
## 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*