# PPP loan: M.L. JOSEPH SAND & GRAVEL CO., INC.
> **$217K** approved 04/15/2020 · Paid in Full · Loan `1492787201`
## Borrower
- **Name:** M.L. JOSEPH SAND & GRAVEL CO., INC.
- **Address:** 25136 Dupont Boulevard, Georgetown, DE, 19947
- **NAICS:** 212321
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Utilities:** $12K
- **Health care:** $12K
- **Debt interest:** $12K
- **Jobs reported:** 18
## 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) · AI Analytics · CC0 1.0*