# PPP loan: ELMORE SAND & GRAVEL, INC.
> **$714K** approved 04/12/2020 · Paid in Full · Loan `3911117106`
## Borrower
- **Name:** ELMORE SAND & GRAVEL, INC.
- **Address:** 1322 Marion Spillway Road, ELMORE, AL, 36025
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $714K
- **Initial approval:** $714K
- **Forgiven:** $699K (98%)
- **Forgiveness date:** 08/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $535K
- **Rent:** $89K
- **Utilities:** $89K
- **Jobs reported:** 43
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*