# PPP loan: CONNOLLY CONSTRUCTION, INC.
> **$332K** approved 04/09/2020 · Paid in Full · Loan `9066817005`
## Borrower
- **Name:** CONNOLLY CONSTRUCTION, INC.
- **Address:** 18409 N CASCADE RD, PEOSTA, IA, 52068-8044
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Rent:** $21K
- **Mortgage interest:** $21K
- **Utilities:** $21K
- **Debt interest:** $21K
- **Jobs reported:** 18
## Lender
- **Originating:** Dupaco Community CU
- **Servicing:** Dupaco Community CU (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*