# PPP loan: PADILLA CONSTRUCTION SERVICES INC.
> **$5.50M** approved 04/15/2020 · Paid in Full · Loan `9247867106`
## Borrower
- **Name:** PADILLA CONSTRUCTION SERVICES INC.
- **Address:** 299 Main Street, WESTBURY, NY, 11590
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.50M
- **Initial approval:** $5.50M
- **Forgiven:** $5.57M (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.50M
- **Jobs reported:** 333
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*