# PPP loan: DAVE SHAW CONCRETE & BLOCK INC.
> **$453K** approved 04/15/2020 · Paid in Full · Loan `1296557205`
## Borrower
- **Name:** DAVE SHAW CONCRETE & BLOCK INC.
- **Address:** 2550 VIA TEJON, Ste. 1D, PALOS VERDES ESTATES, CA, 90274-6806
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $453K
- **Initial approval:** $453K
- **Forgiven:** $459K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $11K
- **Utilities:** $2K
- **Jobs reported:** 43
## Lender
- **Originating:** Malaga Bank FSB
- **Servicing:** Malaga Bank FSB (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*