# PPP loan: SOMMERCAL CONCRETE, INC.
> **$2.16M** approved 04/11/2020 · Paid in Full · Loan `3015397100`
## Borrower
- **Name:** SOMMERCAL CONCRETE, INC.
- **Address:** 3690 33rd Avenue, SACRAMENTO, CA, 95824-1106
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.16M
- **Initial approval:** $2.16M
- **Forgiven:** $570K (26%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.16M
- **Jobs reported:** 213
## Lender
- **Originating:** American River Bank, A Division of
- **Servicing:** Bank of Marin (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*