# PPP loan: PREFERRED CONCRETE CONSTRUCTION
> **$536K** approved 04/11/2020 · Paid in Full · Loan `3345157101`
## Borrower
- **Name:** PREFERRED CONCRETE CONSTRUCTION
- **Address:** 16138 149TH ST SE, BIG LAKE, MN, 55309-4603
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $536K
- **Jobs reported:** 39
## Lender
- **Originating:** Granite Bank
- **Servicing:** Granite Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*