# PPP loan: NORWALK CONCRETE INDUSTRIES
> **$1.25M** approved 04/05/2020 · Paid in Full · Loan `5226797003`
## Borrower
- **Name:** NORWALK CONCRETE INDUSTRIES
- **Address:** 80 COMMERCE DRIVE, NORWALK, OH, 44857-9003
- **NAICS:** 327390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 100
## Lender
- **Originating:** The Croghan Colonial Bank
- **Servicing:** The Croghan Colonial Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*