# PPP loan: RODEMS CONSTRUCTION CO INC
> **$416K** approved 04/15/2020 · Paid in Full · Loan `8721267107`
## Borrower
- **Name:** RODEMS CONSTRUCTION CO INC
- **Address:** 3555 North Buffalo RD, Orchard Park, NY, 14127
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $420K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Rent:** $10K
- **Utilities:** $5K
- **Health care:** $20K
- **Jobs reported:** 17
## 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) · MORVS · CC0 1.0*