# PPP loan: MASCHMEYER CONCRETE COMPANY OF FLORIDA
> **$5.07M** approved 04/11/2020 · Paid in Full · Loan `3214047103`
## Borrower
- **Name:** MASCHMEYER CONCRETE COMPANY OF FLORIDA
- **Address:** 1142 Watertower Rd, WEST PALM BEACH, FL, 33403-2397
- **NAICS:** 327320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.07M
- **Initial approval:** $5.07M
- **Forgiven:** $5.13M (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.07M
- **Jobs reported:** 400
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*