# PPP loan: DELRIC CONSTRUCTION CO INC
> **$1.35M** approved 03/12/2021 · Paid in Full · Loan `9592588505`
## Borrower
- **Name:** DELRIC CONSTRUCTION CO INC
- **Address:** 845 Belmont Ave, North Haledon, NJ, 07508-2358
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.35M (100%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.35M
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*