# PPP loan: VC1 CONCRETE CONSTRUCTION LLC
> **$590K** approved 02/03/2021 · Paid in Full · Loan `2630018400`
## Borrower
- **Name:** VC1 CONCRETE CONSTRUCTION LLC
- **Address:** 201 Riggs Ave, Merced, CA, 95341-6466
- **NAICS:** 238110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $590K
- **Initial approval:** $590K
- **Forgiven:** $594K (101%)
- **Forgiveness date:** 12/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $590K
- **Utilities:** $1
- **Jobs reported:** 105
## Lender
- **Originating:** Farmers & Merchants Bank of Central California
- **Servicing:** Farmers & Merchants Bank of Central California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*