# PPP loan: SUMMIT CONCRETE INC
> **$875K** approved 01/17/2021 · Paid in Full · Loan `1453608306`
## Borrower
- **Name:** SUMMIT CONCRETE INC
- **Address:** 7186 State St, Bettendorf, IA, 52722-5516
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $875K
- **Initial approval:** $875K
- **Forgiven:** $880K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $875K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** First Central State Bank
- **Servicing:** First Central State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*