# PPP loan: QUAD COUNTY READY MIX CORP.
> **$925K** approved 04/03/2020 · Paid in Full · Loan `4491797010`
## Borrower
- **Name:** QUAD COUNTY READY MIX CORP.
- **Address:** 300 W. 12th Ave, OKAWVILLE, IL, 62271-2137
- **NAICS:** 423320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $925K
- **Initial approval:** $925K
- **Forgiven:** $931K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $830K
- **Mortgage interest:** $25K
- **Utilities:** $20K
- **Health care:** $30K
- **Debt interest:** $20K
- **Jobs reported:** 90
## Lender
- **Originating:** Community First Bank of the Heartland
- **Servicing:** Community First Bank of the Heartland (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*