# PPP loan: NORWALK REDI-MIXED CONCRETE, INC
> **$1.85M** approved 04/13/2020 · Paid in Full · Loan `5050317103`
## Borrower
- **Name:** NORWALK REDI-MIXED CONCRETE, INC
- **Address:** 1535 North Ave., NORWALK, IA, 50211-1568
- **NAICS:** 327320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.85M
- **Initial approval:** $1.85M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.85M
- **Jobs reported:** 130
## Lender
- **Originating:** City State Bank
- **Servicing:** City State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*