# PPP loan: COVI CONCRETE CONSTRUCTION INC
> **$3.78M** approved 04/12/2020 · Paid in Full · Loan `3941487102`
## Borrower
- **Name:** COVI CONCRETE CONSTRUCTION INC
- **Address:** 7621 REYNOLDS CIR, HUNTINGTON BEACH, CA, 92647-6787
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.78M
- **Initial approval:** $3.78M
- **Forgiven:** $3.82M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.72M
- **Rent:** $4K
- **Utilities:** $351
- **Health care:** $50K
- **Jobs reported:** 425
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*