# PPP loan: R & M CONCRETE INC
> **$259K** approved 02/24/2021 · Paid in Full · Loan `3834268510`
## Borrower
- **Name:** R & M CONCRETE INC
- **Address:** 1050 N Fairway Dr Ste F110, Avondale, AZ, 85323-5201
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** MidFirst Bank
- **Servicing:** MidFirst Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*