# PPP loan: GRANITE STATE CONCRETE CO., INC.
> **$720K** approved 04/13/2020 · Paid in Full · Loan `4475877108`
## Borrower
- **Name:** GRANITE STATE CONCRETE CO., INC.
- **Address:** 180 PHOENIX AVE, LOWELL, MA, 01852-4931
- **NAICS:** 423320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $727K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Rent:** $108K
- **Utilities:** $72K
- **Jobs reported:** 42
## Lender
- **Originating:** Brookline Bank
- **Servicing:** Brookline Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*