# PPP loan: GENERAL CONSTRUCTORS INC
> **$2.13M** approved 04/10/2020 · Paid in Full · Loan `2524507100`
## Borrower
- **Name:** GENERAL CONSTRUCTORS INC
- **Address:** 480 42ND ST, BETTENDORF, IA, 52722-6174
- **NAICS:** 237990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.13M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 06/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.06M
- **Rent:** $13K
- **Utilities:** $2K
- **Health care:** $53K
- **Jobs reported:** 142
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*