# PPP loan: GRAVEL PRODUCTS INC.
> **$997K** approved 04/04/2020 · Paid in Full · Loan `4760027001`
## Borrower
- **Name:** GRAVEL PRODUCTS INC.
- **Address:** 2920 Railway Ave, MINOT, ND, 58703-5003
- **NAICS:** 212312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $997K
- **Initial approval:** $997K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 12/11/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $997K
- **Jobs reported:** 67
## Lender
- **Originating:** First Western Bank & Trust
- **Servicing:** First Western Bank & Trust (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*