# PPP loan: PRINCIPAL PAVING CONTRACTORS LTD
> **$635K** approved 01/21/2021 · Paid in Full · Loan `2573418307`
## Borrower
- **Name:** PRINCIPAL PAVING CONTRACTORS LTD
- **Address:** 27080 Mandell Rd, Cleveland, TX, 77328-7142
- **NAICS:** 238990
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $640K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $635K
- **Utilities:** $1
- **Jobs reported:** 68
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*