# PPP loan: DMAC CONSTRUCTION & DEVELOPMENT INC
> **$215K** approved 01/31/2021 · Paid in Full · Loan `9652108308`
## Borrower
- **Name:** DMAC CONSTRUCTION & DEVELOPMENT INC
- **Address:** 1819 First Oaks St Ste 100, Richmond, TX, 77406-1440
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $215K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*