# PPP loan: MAYO CONSTRUCTION CO INC
> **$1.69M** approved 03/26/2021 · Paid in Full · Loan `9662038609`
## Borrower
- **Name:** MAYO CONSTRUCTION CO INC
- **Address:** 13960 Highway 5, Cavalier, ND, 58220-9502
- **NAICS:** 237310
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.69M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.69M
- **Jobs reported:** 100
## Lender
- **Originating:** VISIONBank
- **Servicing:** VISIONBank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*