# PPP loan: MORAIS CONCRETE SERVICE, INC.
> **$539K** approved 04/27/2020 · Paid in Full · Loan `4558587208`
## Borrower
- **Name:** MORAIS CONCRETE SERVICE, INC.
- **Address:** 108 ROCUS ST, SPRINGFIELD, MA, 01104
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $545K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $539K
- **Jobs reported:** 51
## Lender
- **Originating:** Westfield Bank
- **Servicing:** Westfield Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*