# PPP loan: PALEEN CONSTRUCTION CORP.
> **$243K** approved 04/15/2020 · Paid in Full · Loan `9557147108`
## Borrower
- **Name:** PALEEN CONSTRUCTION CORP.
- **Address:** Mill Pond Office 293 RT 100 Suite 106, Somers, NY, 10589
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $2K
- **Utilities:** $2K
- **Jobs reported:** 1
## 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*