# PPP loan: GRANADOS CONCRETE, INC
> **$248K** approved 05/11/2020 · Paid in Full · Loan `5060697410`
## Borrower
- **Name:** GRANADOS CONCRETE, INC
- **Address:** 213 Rockwood Drive, South San Francisco, CA, 94080
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $248K
- **Initial approval:** $47K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Rent:** $62K
- **Jobs reported:** 12
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*