# PPP loan: MLC READY MIX INC
> **$261K** approved 04/11/2020 · Paid in Full · Loan `3335167100`
## Borrower
- **Name:** MLC READY MIX INC
- **Address:** 4512 N Allison Rd, SIBLEY, MO, 64088-9633
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Utilities:** $10K
- **Debt interest:** $30K
- **Jobs reported:** 24
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*