# PPP loan: HOSFORD BROTHERS' CONCRETE, INC.
> **$511K** approved 04/27/2020 · Paid in Full · Loan `3901147209`
## Borrower
- **Name:** HOSFORD BROTHERS' CONCRETE, INC.
- **Address:** 7785 M78 Highway, East Lansing, MI, 48823
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $511K
- **Initial approval:** $511K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Rent:** $10K
- **Utilities:** $3K
- **Jobs reported:** 51
## Lender
- **Originating:** Michigan State University FCU
- **Servicing:** Michigan State University FCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*