# PPP loan: KEN'S REDI-MIX, INC.
> **$449K** approved 04/10/2020 · Paid in Full · Loan `1832007100`
## Borrower
- **Name:** KEN'S REDI-MIX, INC.
- **Address:** 8016 S State Rd, GOODRICH, MI, 48438-8864
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $449K
- **Initial approval:** $449K
- **Forgiven:** $452K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Utilities:** $112K
- **Jobs reported:** 36
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*