# PPP loan: LONSDALE CONCRETE CONSTRUCTION CO INC
> **$375K** approved 04/04/2020 · Paid in Full · Loan `4650997009`
## Borrower
- **Name:** LONSDALE CONCRETE CONSTRUCTION CO INC
- **Address:** 201 Broad Street, CUMBERLAND, RI, 02864-8125
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Rent:** $50K
- **Utilities:** $25K
- **Jobs reported:** 30
## Lender
- **Originating:** Navigant CU
- **Servicing:** Navigant CU (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*