# PPP loan: BRC CONCRETE, INC.
> **$156K** approved 04/10/2020 · Paid in Full · Loan `1942327103`
## Borrower
- **Name:** BRC CONCRETE, INC.
- **Address:** 307 Waterford Estates, BLOOMINGTON, IL, 61704-6350
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $5K
- **Utilities:** $3K
- **Debt interest:** $4K
- **Jobs reported:** 25
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*